Federal Scholarship Tax Credit is a Transformative Opportunity for Children Across the Country, says Bishop O’Connell

By Parish Admin

WASHINGTON – Yesterday, the U.S. Department of the Treasury released proposed regulations to implement the Federal Scholarship Tax Credit (FSTC), which provides a nonrefundable Federal tax credit for contributions to scholarship granting organizations. States must formally elect to opt-in to the program in order for the children in that state to be eligible for scholarships…