I respectfully urge you to opt Minnesota into the new Federal Scholarship Tax Credit Program for the following reasons:
Zero cost to Minnesota: Opting into the Federal Scholarship Tax Credit will not cost our state anything. It is a federal tax credit. A state’s only obligation is to decide to opt in and submit to the U.S. Treasury a list of eligible scholarship organizations by January 1, 2027, and by January 1 of each subsequent year.
Keeps dollars in state: Failure to opt in leaves behind Minnesota kids. It will cause local dollars to leave our state through donations made by Minnesota taxpayers to Scholarship Granting Organizations (SGOs) in other opt-in states where they are eligible for the tax credit. This will cause our state’s kids to lose out on scholarship opportunities for their educational achievement. Keep these scholarship dollars here for our kids!
Benefits all children: This program will help both public- and private-school students. Local nonprofit SGOs and public-school foundations can receive donations to fund tuition, tutors, and other supplemental learning opportunities, potentially generating hundreds of millions of dollars to strengthen educational achievement.