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House Bill 463 Promotes Quality Education for All Students27 Feb

ACTION: CALL 1 800 372 7181 AND ASK YOUR STATE REPRESENTATIVE TO CO-SPONSOR AND SUPPORT HB 463

HB 463 allows businesses to receive a 50% tax credit for contributions to either a Commonwealth school improvement fund or a qualified tuition assistance organization. The first benefits public school students by improving the quality of education in a manner to be decided by those who work in this system and the second benefits non-public school students through scholarships based on financial need.

HB 463 allows for a $35 million credit for $70 million in contributions to the Commonwealth school improvement fund and a $15 million credit for contributions of $30 million to qualified tuition assistance organizations.

Rep. Terry Mills files HB 463

Rep. Terry Mills introduced HB 463 on Friday, February 24 and on Monday, February 27, was assigned to the House Appropriations and Revenue Committee where we hope to have a hearing on its merits and move the legislation to the House floor in the coming weeks.

Paragraph 72 of Forming Consciences for Faithful Citizenship  states the following:

Parents—the first and most important educators—have a fundamental right to choose the education best suited to the needs of their children, including public, private, and religious schools. Government, through such means as tax credits and publicly funded scholarships, should help provide resources for parents, especially those of modest means, to exercise this basic right without discrimination. Students in all educational settings should have opportunities for moral and character formation.

The Catholic Conference of Kentucky supports HB 463 because it will help all Kentucky school children by increasing the quality of education in public schools and by scholarship assistance to students whose parents choose to place them in non-public schools. Businesses who support Kentucky schools benefit not only because of the tax credit received, but because a quality education leads to their having access to a well-educated work force.

ACTION: CALL 1 800 372 7181 AND ASK YOUR STATE REPRESENTATIVE TO CO-SPONSOR AND SUPPORT HB 463

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