The One Big Beautiful Bill Act signed by the President on July 4th includes a new federal K-12 scholarship tax credit that could expand education freedom nationwide. Starting in 2027, individual taxpayers can receive a dollar-for-dollar federal tax credit for contributions to K-12 scholarship granting organizations. John Schilling, senior advisor for the American Federation for Children and DFI Action, joins the podcast to walk listeners through the nuts and bolts of the federal tax credit, the twists and turns of the legislative process, and anticipated regulations and legislative fixes.
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