Monthly Archives: May 2012

SC senators advance tax credit scholarship measure

By: pefncadmin
May 30, 2012
The Senate Finance Committee sent a measure that would give tax breaks to families who sent their children to private or home school to the Senate floor on a voice vote yesterday. The proposal passed the House earlier this year. The bill provides a $4,000 tax deduction per child for parents ... READ MORE

May 30, 2012: North Carolina House

By: pefncadmin
May 30, 2012
The North Carolina House gave its approval to state budget adjustments for 2012-13 fiscal year. After nearly eight hours of amendments and debate, the chamber voted 73-46 in favor of the $20.3 billion budget proposal. Five Democrats joined all Republicans in the majority. The move threatens to override any potential veto ... READ MORE

May 24, 2012: House Appropriations Subcommittee on Education

By: pefncadmin
May 24, 2012
The House Appropriations Subcommittee on Education released their budget recommendations today. K-12 public schools were given some relief under the education subcommittee’s budget. The budget calls for a restoration of roughly two-thirds of a scheduled $500 million discretionary cut to public schools next year. The committee decided to replace the $259 ... READ MORE

Opportunity Scholarship Measure Filed today

By: pefncadmin | ,
May 23, 2012
HB 1104 (“Scholarship Funding Corporate Tax Credit”) was filed today in the North Carolina General Assembly. The measure would allow children from lower income families to receive nonpublic school scholarships from nonprofit organizations. These scholarships are funded by corporations that would receive tax credits for their contributions. Currently eight states have ... READ MORE

May 23, 2012: Opportunity Scholarship Measure Filed

By: pefncadmin | ,
May 23, 2012
HB 1104 ("Scholarship Funding Corporate Tax Credit") was filed today in the North Carolina General Assembly. The measure would allow children from lower income families to receive nonpublic school scholarships from nonprofit organizations. These scholarships are funded by corporations that would receive tax credits for their contributions. Currently eight states have ... READ MORE