View this article online: https://www.insurancejournal.com/news/southeast/2009/05/01/100107.htm
A bill to strengthen a private school voucher program for children from low-income families is going to Florida Gov. Charlie Crist.
The measure would give insurance companies dollar-for-dollar credits against premium taxes for donations made to the program.
Businesses now get a similar corporate income tax credit for their contributions.
The bill (HB 453) is expected to increase funding for the program that spent $73.5 million in the last school year. It would remain capped, though, at $118 million a year.
The Senate voted 26-11 for the bill that previously passed the House.
Supporters say the program saves the state money, but opponents argue it takes dollars away from public schools.