Bishop O’Connell calls Federal Scholarship Tax Credit transformative opportunity

Bishop David M. O’Connell described the proposed Federal Scholarship Tax Credit as a transformative opportunity for children following the release of implementation regulations by the U.S. Department of the Treasury. The regulations outline a nonrefundable federal tax credit for people who contribute to scholarship granting organizations.

For children to be eligible for these scholarships, states must formally choose to opt into the program. Bishop O’Connell, who chairs the U.S. Conference of Catholic Bishops’ Committee on Catholic Education, stated that the credit will help families access resources to choose better learning environments and tools for their children. He noted that the program could benefit students in both public and non-public school settings.