HB 1128 (2024)
Only allow charitable organizations incorporated in the state to qualify as scholarship organization for education tax credits
Summary:
Changes the definition of scholarship organization, for purposes of the education tax credit program (ETC), by striking "or qualified to do business." The removal of the language changes the definition so that only charitable organizations incorporated in the state may qualify as a scholarship organization. According to the Department of Revenue Administration, the 2023-2024 ETC program year only has one approved scholarship organization, which is incorporated outside of New Hampshire.
Bill Became Law?:
No
Status:
Status Detail:
Killed in the House
Public Hearing Date:
01/16/2024 09:30 am
Public Hearing Location:
LOB Room 205-207
House Voting Date:
02/22/2024
Want hearing dates, vote records or the full bill text? See more on the Statehouse website
https://gencourt.state.nh.us/bill_status/billinfo.aspx?id=1709&inflect=2
Browse related articles and bills:
