All articles tagged School Scholarship Tax Credits

School Scholarship Tax Credits
Graphic from IL Dept. of Revenue showing tax credits available for private school scholarship donations in each region of the state.
Illinois Dept. of Revenue

Private Schools Attract $36 Million Via Tax Credit Program

Beginning this week, people and corporations donating up to $1.3 million for private school scholarships can get a 75 percent credit toward their state income tax. This was a controversial but bipartisan concept, adopted last summer to help forge a compromise in a big overhaul of Illinois' school funding plan. Such programs have taken off in other states, but it’s off to a slower start here.

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