ATLANTA – State Representative John Carson (R-Marietta) announced that Governor Nathan Deal signed House Bill 217 on Monday, May 7, 2018. HB 217, which Rep. Carson sponsored during the 2018 legislative session of the Georgia General Assembly, will adjust the cap for the qualified education tax credit for scholarship contributions.
“I’m very grateful to my colleagues in the Georgia General Assembly and Gov. Deal for supporting this critical education measure,” said Rep. Carson. “Georgians across the state clearly support this program, as it has been oversubscribed on the first day of the year for the past four years. Increasing the qualified education tax credit cap will encourage individuals and corporations to contribute more towards these private school tuition scholarships, thus allowing more Georgia students to attend the school that best fits their educational needs, regardless of their family’s income or zip code. It was an honor to champion this legislation this past session, and I look forward to seeing the tremendous positive impact HB 217 will have on our state’s students for years to come.”
HB 217 will increase the current qualified education tax credit cap of $58 million to $100 million for 2019 through 2028, and then reduce the qualified education tax credit cap to $58 million for 2029 and all subsequent years. The legislation will also reduce the fees student scholarship organizations are allowed to retain and will require the state auditor to conduct an economic analysis of the tax credit program and issue a report in 2023.
For more information on HB 217, please click here.
Representative John Carson represents the citizens of District 46, which includes portions of Cherokee and Cobb counties. He was elected to the House of Representatives in 2011 and currently serves as Vice Chairman of the Appropriations Committee, Vice Chairman of the Energy, Utilities & Telecommunications Committee, Vice Chairman of the Transportation Committee and Secretary of the Insurance Committee. He also serves on the Intragovernmental Coordination and Ways and Means committees and is a member of the Military Affairs working group.
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