On May 3, the Iowa Senate passed the "standings" appropriations bill that included an increase for the School Tuition Organization (STO) tax credits from $7.5 million to $10 million starting in calendar year 2012. This was tied to an “allowance growth” increase for public schools.

(Click here to act now.)

The Iowa House, however, has written its own version of the bill and did not include the increase in their version.  In 2010, Iowa’s school tuition organizations used up all $7.5 million in tax credits and has demand for more.

STOs raise money to give out in scholarships to lower-income students who wish to attend an accredited private school in Iowa. Those who give to a School Tuition Organization scholarship fund receive a 65 percent Iowa tax credit on the donation.

These tax credits are not an appropriation. They save the state money because current and new students to Iowa’s private schools do not draw down state school aid dollars. The program also goes a long way in respecting Iowa parents’ right to direct the education of their children by choosing the educational environment that best meets their child’s needs.

There has been great bipartisan support for the STO tax credits over the years. It’s not too late for House Republican leadership to add the increase back into the standings bill.  Please send a message to your Representative asking him or her to increase the school tuition organization tax credit to $10 million.

CLICK HEREto send an email to your Representative!

Thank you for your help!  We can’t get this done without HUGE grassroots support from you!


Get CT In Your Inbox!

Don't miss a single update.

You May Also Like

Stripgate Follow-up: Iowa House Closes Loophole, 97-0

Common sense did prevail yesterday in the Iowa House who, following the…

ObamaCare Raises Costs, Bruce Braley Ignores Facts

Bruce Braley’s rhetoric doesn’t match reality. He ignores the facts that ObamaCare does increase taxes, healthcare costs, and forces job cuts.

Porter: I Don’t Have To Be Silent About My Exclusion From Debates

Jake Porter: It is much more difficult for Libertarians to keep major party status in this election when the media is giving a giant in-kind contribution to my opponents.

Iowa State No Longer Requires Students to Give Up Free Speech

Alliance Defending Freedom settled their lawsuit against Iowa State University brining to an end campus policies that hindered students’ free speech rights.