The Treasury Department offered a glimpse this week of how the new federal school choice tax credit will work, giving educators and policymakers insight into the program.
The American Federation for Children, which sent two representatives to a roundtable hosted by the IRS and Treasury Department Tuesday, said the new guidelines give “every governor in every state the clarity they need to opt in immediately.”
“The guidance released today made clear what families and education leaders have known since the law passed: the EFTC benefits children across educational settings – public, private and even homeschool in some states,” the federation said Wednesday in a release. “Treasury will also issue clear rules to prevent misspending. With 31 states already opted in or signaling intent to do so, the remaining holdout governors must act now.”