Governor Jan Brewer has signed SB 1047 to expand Arizona’s Tuition Tax Credit program. This law creates a new tax credit specifically designed to help the thousands of Arizona students currently on waiting lists to attend the private school of their parents’ choice.
Under this new law, individuals can receive an additional $500 dollar-for-dollar tax credit, and married couples $1,000 – that doubles the amount you can already receive in tax credits to help children attend the school of their family’s choice!
What’s more – the scholarship tax credit program actually saves the state money! The average cost to taxpayers per student in a public school is over $8,500 while the average tax credit scholarship is around $2,000, providing much-needed cost savings to the state.
Despite the efforts of some in the Legislature to derail the bill, SB 1047 got overwhelming support in both the state House and Senate, thanks in part to the efforts of the bill’s sponsor, Senator Rick Murphy.
Please take time today to send Governor Brewer a note on her website, thanking her for signing this bill, and for her ongoing commitment to improving education in Arizona by expanding school choice.