Dialogue Press Release
Orthodox Union, RCA and Bishops Conference Join Efforts to Enact Tax Credit Bill (2013)
May 7, 2013 Othodox Union Press Release
Orthodox Union, RCA and Bishops Conference Join Efforts to Enact Tax Credit Bill; Legislation Would Assist Students in Both Public and Private Schools
Representatives of the Orthodox Union, the Rabbinical Council of America (RCA), and the United States Conference of Catholic Bishops met yesterday for their semi-annual meeting to discuss issues affecting the Jewish and Catholic communities.
Included in the agenda was the proposed Education Investment Tax Credit Legislation (A.1826/S.4099), designed to increase individual and corporate donations for education by enhancing long-standing tax benefits provided under current law from a tax exemption to a tax credit. The bill would help both public and private schools alike by dividing the tax credits evenly between donations made to public schools, including nonprofit organizations supporting public schools, and donations made to scholarship organizations that provide scholarships for students to attend private schools.