Support Expansion of Tax Credit Scholarships!

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 Virginia Institute for Public Policy

A new state budget was recently approved by the Virginia Legislature, including an education related amendment that has been made by the conference committee legislators.

If enacted, this budget will cut funding for the Virginia Education Improvement Scholarship Tax Credit (EISTC).

This funding is critical for providing thousands of children in Virginia better educational opportunities.

Contact the Governor’s office today!
Call 804-786-2211 or click here.

The Virginia EISTC program allows individuals and businesses the opportunity to donate to private state-qualified scholarship foundations and in turn receive up to a 65% tax credit.

However, only $25 million of tax credits are available. This upcoming budget will cut the funding in half — down to $12 million. In the 2020-21 school year, 4,592 students utilized funds from participating scholarship foundations.

The new budget amendment would strip away the ability to give more students life changing education opportunities at a time when kids need it the most.

With less funding for the tax incentive, students in Virginia will have less access to these scholarships and subsequently less access to the schools of their choice.

Governor Youngkin can save this program by requesting an amendment to the budget before he signs it. Contact the Governor’s office right now and tell him you want him to restore funding for the EISTC. Virginia’s children deserve a high quality education. 

We believe opportunity and freedom of choice are essential components for improving education.

Contact the Governor’s office today!
Call 804-786-2211 or click here.

 Virginia Institute for Public Policy

The Virginia Institute for Public Policy is an independent, nonpartisan, education and research organization committed to the goals of individual opportunity and economic growth. Through research, policy recommendations, and symposia, the Institute works ahead of the political process to lay the intellectual foundation for a society dedicated to individual liberty, dynamic entrepreneurial capitalism, private property, the rule of law, and constitutionally-limited government.

The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views the Virginia Christian Alliance

About the Author

Virginia Christian Alliance
The mission of the VIRGINIA CHRISTIAN ALLIANCE is to promote moral, social and scientific issues we face today from a Biblical point of view. In addition we will refute and oppose, not with hate, but with facts and humor, the secular cultural abuses that have overridden laws and standards of conduct of the past. We will encourage Christians to participate in these efforts through conferences, development of position papers, booklets and tracts, radio/TV spots, newspaper ads and articles and letters-to-the editor, web sites, newsletters and providing speakers for church and civic meetings.