News in Brief
Ala. House OKs Bill Offering Dual-Enrollment Tax Credits
Lawmakers in the Alabama House unanimously approved a bill last week that would provide $5 million in tax credits for individuals or businesses that contribute to dual-enrollment programs.
The measure, according to local news reports, would grant a tax credit of up to $500,000 to anyone who donates to a new scholarship program for students who take college courses while in high school. Contributors would get a tax credit equal to half the money donated. The hope is to generate as much as $10 million to support dual-enrollment efforts.
The proposal now heads to the Alabama Senate.
Vol. 33, Issue 22, Page 5Published in Print: February 26, 2014, as Ala. House OKs Bill Offering Dual-Enrollment Tax Credits