Private School Tax Credit
The Qualified Education Expense Credit program (a.k.a. Private School Tax Credit / SSO Tax Credit, etc) was passed into law in 2008 through a piece of legislation named HB 1133. In 2011, an expansion bill called HB 325 was passed into law. In 2013, a new bill called HB 283, which redefined the tax credit cap and added a $10k max for pass-through taxpayers, was passed.
Most recently, in 2018, HB 217 was passed which increased the cap from $58 to $100 million for the next 10 years.
Although several changes are apparent from one bill to the next, the bills as a whole are centered around providing tax credits to GA tax payers who wish to support educational opportunities to families seeking educational alternatives to the free Public School option.
Georgia tax payers can make a tax credit contribution to Apogee and receive a dollar-for-dollar GA tax credit. The law also allows for tax credit donors to express their wish of which school should receive the opportunity to access the tax credit contribution monies for tuition scholarships through Apogee.
All information was taken from apogee123.org.
Please visit their website for more information, or call Marlee Albrecht, Communications Director, at 678-692-0192.