
Agudah Applauds Gov. Hochul For Opting In to The Federal Scholarship Tax Credit
Agudath Israel of America applauds Governor Kathy Hochul for announcing on Friday afternoon that, after reviewing the new regulations, New York State will opt in to the Federal Scholarship Tax Credit.
This decision will, in the governor’s words, “bring millions of additional dollars to New York students and families without taking a single dollar from public schools or our state or local budgets.”
Governor Hochul’s announcement follows her promise to a group of Jewish leaders back in May that New York would participate in the tax credit if it benefited all students, including those attending public schools. Since that meeting, which took place in the office of Agudah chairman Sol Werdiger, Governor Hochul has only reiterated her view that she would not leave money on the table that can help New York students, despite political pressure from opponents.
“Opting in is good for all New Yorkers. We thank Governor Hochul for putting students before politics.” said Agudath Israel’s chairman of the board, Mr. Sol Werdiger. “We now urge the remaining governors to follow her lead.”
“Agudah was at the forefront of the successful advocacy effort that led to the passage of the Federal Scholarship Tax Credit and worked with allies in New York to make it a reality for families in our state.” said Rabbi Yeruchim Silber, Agudah’s Director of NY Government Relations. “Agudah extends its sincere appreciation to the NYS Catholic Conference, Teach NYS, Invest in Education, and the tens of thousands of parents and supporters who spoke out in support of this game-changing policy.
The Federal Scholarship Tax Credit (FSTC) allows taxpayers to contribute up to $1,700 ($3,400 for a married couple filing jointly) to a scholarship granting organization and receive a dollar-for-dollar federal tax credit. Scholarships can be used for tutoring, special needs services, and tuition, among many allowable uses. To learn more, go to agudah.org/FSTC.