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Education Tax Credit to Expand in New PA Budget



More money for private school scholarships and education nonprofits in Pennsylvania will be part of a nearly $27.7-billion Republican-penned spending plan taking shape in the Capitol.
 
Aides to House Republican leaders said Thursday that a substantial amount of extra taxpayer money will go toward the Educational Improvement Tax Credit.
 
The amount available for the tax credit in the current fiscal year is $75-million. The extra amount to be set aside in the fiscal year beginning July 1st is still being worked out. However, some of the extra money could go toward an emerging plan to focus on students in the state's worst-performing schools.
 
The credit is generally worth up to 90-percent of the philanthropic contributions by businesses to eligible private schools and education groups.

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