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NH Senate sets hearing on school tax credit bill

April 15, 2012
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CONCORD, N.H.—The Senate Education Committee is weighing the House's version of a plan to give businesses a tax credit for donating to scholarship organizations to send students to private or public schools.

The committee is holding a public hearing on the bill Tuesday afternoon. Both chambers passed similar plans last month.

Under both bills, the donations would be funneled through organizations that provide scholarships up to $2,500 to start but would be adjusted annually. Home-schooled children could receive one-fourth of that limit for educational expenses.

The bills also attempt to target low- and middle-income students.

Supporters said the scholarships would give parents a choice for their children.

Opponents argued property taxpayers would wind up paying more because schools would lose state aid for children accepting scholarships to go to private schools.

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