New York's Cuomo proposes education tax credit


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

BUFFALO, N.Y. (AP) — New York Gov. Andrew Cuomo has proposed creation of an education tax credit for charitable contributions that help public and private schools.

Cuomo included the proposal in his combined budget and state of the state address in Albany Wednesday, shortly after the state Senate passed an education investment tax credit bill.

Taxpayers would be able to claim a credit for donations to public schools, school improvement organizations or scholarship programs for students attending religious or other eligible private schools.

The Catholic church has been pushing for the legislation, while the state's teachers unions have opposed it, saying it diverts money from public schools.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast