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Fla. Law Expands Vouchers for Low-Income Students

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Florida Gov. Charlie Crist last week signed into law a bill expanding the state’s private-school-voucher program for low-income students.

The measure raises an annual spending cap from $118 million to $140 million in the first year of the expansion and allows incremental increases after that.

The program currently is supported by credits on corporate-income and insurance-premium taxes in exchange for donations. Under the new law, the state is adding three new credits on beverage taxes, oil and gas severance taxes, and a form of sales tax paid by some businesses.

The law will also increase the value of the vouchers now worth $3,950 each by about $140 in the first year and gradually after that until the vouchers reach 80 percent of what Florida public schools spend per student, which would be at least $5,500.

Vol. 29, Issue 30, Page 5

Published in Print: April 28, 2010, as Fla. Law Expands Vouchers for Low-Income Students
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