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.
Topics Florida
Was this article valuable?
Here are more articles you may enjoy.
Hellman & Friedman’s Hub International Seeks $3 Billion in IPO
Remember the Fall of Patriot National? Trial in Suit vs. Mariano’s Lawyers to Begin
Allianz Unit to Cut as Many as 1,800 Jobs in Push to Adopt AI
Damaged Manhattan Tower Owner to Reconstruct 15 Floors After Evacuation 

