Texas Senate Bill SB1906

Texas 2019 - 86th Regular

Caption

Relating to an insurance premium tax credit for contributions made to certain educational assistance organizations.

Impact

The passage of SB1906 is expected to significantly impact state laws regarding tax credits and educational funding. By establishing a tax credit for contributions to educational assistance organizations, the bill creates a financial incentive for businesses and individuals to support educational opportunities. This may lead to an increase in available resources for schools, particularly benefiting students enrolled in nonpublic or special education programs. Moreover, the program could reduce the financial burden on families seeking education assistance for their children.

Summary

SB1906 aims to create an insurance premium tax credit for entities that contribute to certified educational assistance organizations. These organizations have the authority to award scholarships and provide financial assistance for educational expenses to eligible students. The bill outlines the process for certification of these educational organizations by the state's comptroller and specifies eligibility criteria for both the organizations and the students who may benefit from their programs.

Contention

The bill may face challenges and points of contention regarding its implementation and effects on public education. Critics could argue that it diverts funding away from public schools and may lead to inequities in educational access and support. Additionally, there are concerns surrounding the compliance of nonpublic schools with state educational standards and the extent to which the scholarships and assistance provided under this bill will truly enhance educational opportunities for disadvantaged students. As the bill moves forward, these discussions are likely to shape its reception and effectiveness.