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March 29, 2006
Union
of Orthodox Jewish Congregations of America Welcomes Significant
Step Forward in Fight for NY Education Tax Credit
The Union of Orthodox
Jewish Congregations of America, through its Institute for
Public Affairs today welcomed the inclusion of a tax credit in
the NYS Legislative Budget.
Governor Pataki’s proposed budget, released in January, included
a $500 per child tax credit for qualified education expenses for
children in underperforming school districts. The Legislature’s
proposal, as reflected in budget bills printed at midnight, does
not tie the credit directly to educational expenses and offers a
smaller amount per child - $330; however, their tax credit
applies statewide.
OU President Steve Savitsky and Executive Vice President Rabbi
Dr. Tzvi Hersh Weinreb issued the following statement:
“Giving parents of all students the ability to help their child
best succeed is our goal. Education Tax Credits are a major step
towards that goal and we look forward to seeing that the final
budget will reflect the need for the credit to be tied to
educational expenses.
“In other states, Education Tax Credits have benefited
hardworking parents and the OU will continue to work with our
coalition partners, the Governor and the Legislature to see New
York’s tax credit specifically encourages and rewards education
spending choices by parents.”
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