- The Brief
- Georgia is opting into a new federal education tax credit program
- Donors can receive up to $1,700 in dollar-for-dollar tax credits
- Scholarships will support students from moderate-income households
ATLANTA – Gov. Brian Kemp has opted Georgia into a new federal education tax credit program that allows taxpayers to receive dollar-for-dollar credits for donations to approved education nonprofits.
What we know:
The governor said the move aligns Georgia with provisions in what President Donald Trump has referred to as his “big, beautiful bill,” creating a partnership between the state and the Internal Revenue Service.
Under the program, individuals can receive a tax credit of up to $1,700 when they contribute to certain state-approved nonprofit organizations. Those nonprofits then distribute the funds as scholarships to eligible students.
To qualify, students must come from households earning no more than 300% of their county’s median income. The scholarship funds can be used for a wide range of education-related expenses, including private school tuition, tutoring services and school supplies.
The program is scheduled to launch in January.