Today, the Union of Orthodox Jewish Congregations of America, through its Institute for Public Affairs, commended a bi-partisan proposal in the Maryland Legislature to enact a corporate education tax credit; such legislation is a step forward in helping each child in Maryland.
The program, modeled after an incredibly successful program in Pennsylvania, would provide up to $25 million in credits to business entities that contribute to organizations providing funds for enrichment, tutoring and resources to public schools or scholarships to non public schools.
Rabbi Tzvi Hersh Weinreb, Executive Vice President of the Union (and former Rabbi of Baltimore’s Shomrei Emunah Congregation) stated “Corporate tax credits for education help businesses partner with our schools and invest in our future. Education of children is among the highest of Jewish values and we are proud government is working to give each child in every school the best opportunities to succeed.”
Six other states (Arizona, Florida, Illinois, Iowa, Minnesota & Pennsylvania) have some form of a tax credit program. New York State and New Jersey are considering implementing them this year as well.
Nathan J. Diament, Director of Public Policy for the Union said “In every state such programs have been enacted, it has been a win-win for both the public and non-public school community. We look forward to working with the Legislature and the Governor to enact this proposal.”
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