CRAO Committee Report - HB 1 - October 21st | Co-Chair, Rep. Kevin Jackson

Earlier this year, we passed House Bill 1, which opted us into a federal tax credit that has the potential to transform educational opportunities for Kentucky children, whether they attend public, private, or home school. From tutoring to advanced coursework, it gives families more options to meet their children's needs. I'm pleased to have Gary Fields, the Bowling Green Independent Superintendent, here today to share his district's plans. I know Warren County Schools is working hard to implement this program as well. This is an exciting opportunity to help more Kentucky students succeed. The program offers a dollar-for-dollar federal tax credit of up to $1,700 for individuals and $3,400 for married couples. And donors can live anywhere across the country, bringing new resources to education without without costing the state a dime. The Treasury estimates that approximately 95% of children live in households that meet the credit's income limit. So as you think about your 2027 taxes, consider sending part of your federal taxes to a scholarship-granting organization or SGO in your community to help your local kids. You'll be hearing more about this golden opportunity as time goes on.