spot_imgspot_img

Illinois lawmakers have yet to address expiring Invest in Kids scholarship program

spot_img

(The Center Square) – The clock is ticking on Illinois’ only school choice program.

With the first few days of the fall veto session in the books, Illinois lawmakers have yet to tackle the Invest in Kids program. The tax credit scholarship program, which is funded by individuals and companies who receive an Illinois income tax credit for donating to the program, is set to expire at the end of the year.

Created in 2017, Invest in Kids allows people to donate to private school scholarship funds and receive a tax credit up to 75% of their donation.

Since the program began, nearly 41,000 scholarships have been awarded to students from low-income and working-class families.

Scores of families descended onto the Illinois Capitol this week calling for the program to be renewed, including Ann Storey from Springfield.

“It gives families one way to have a say in their children’s grade school, middle school and high school education and make a choice that is best for them, and as a single mom right now, it is best for me to have all my children in one school,” Storey told The Center Square. “I just really hope that they think about the kids.”

Sofia, a young student from Joliet, said eliminating the program midway through the school year would have a negative effect on many.

“There’s going to be more people suffering and also being stressed out, so we want to make sure what’s going to happen in our future,” she said.

Proposed changes being talked about at the statehouse would keep the program going for another five years but would reduce the maximum tax credit dollar amount from $1 million to $500,000 and would reduce the total overall scholarship opportunity amount from $75 million to $50 million.

Critics of the proposed changes, including the Illinois Freedom Caucus, said it would limit the program’s effectiveness.

“This proposal is a non-starter. It will not make the program permanent, and it reduces the available funding for scholarships. The best course of action would be to extend the program and to expand it,” the group said in a statement. “This school year alone, the scholarship program has helped 9,500 kids escape failing schools. There are 26,000 applicants in need of scholarship help. But instead of helping kids, it appears the Legislature is dead set on making it harder for this program to help kids in need.”

The Illinois Education Association has been a strong critic of the program. President Al Llorens stated recently that the program helps mostly white children. But an Empower Illinois disputes that claim, showing that in 2022 at least 53% of the students receiving scholarships wear Black or Hispanic.

Illinois lawmakers will have another opportunity to renew the program when they return to Springfield for the final three days of session this calendar year beginning Nov. 7.

Greg Bishop contributed to this report.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

One Woman’s Fight To Expose The Genetic Disease That Made Her An Orphan

Casey Mulligan Walsh only found out she had a...

New Illinois laws affect drivers beginning Jan. 1

(The Center Square) – Several new laws go into...

Prices rose over 20% under Joe Biden’s administration

President Joe Biden is only a few weeks away...

Spokane Valley eyes process to forfeit surplus properties for affordable housing

(The Center Square) – Spokane Valley officials discussed legislation...

Potential government shutdown could disrupt key federal services

A looming partial shutdown of the federal government could...

Harborview hospital tax to help with near $900M project budget gap

(The Center Square) – A recently-approved tax levy will...

Chicago’s budget doesn’t calm financial concerns

(The Center Square) – Although the Chicago City Council...

More like this
Related

One Woman’s Fight To Expose The Genetic Disease That Made Her An Orphan

Casey Mulligan Walsh only found out she had a...

New Illinois laws affect drivers beginning Jan. 1

(The Center Square) – Several new laws go into...

Prices rose over 20% under Joe Biden’s administration

President Joe Biden is only a few weeks away...

Spokane Valley eyes process to forfeit surplus properties for affordable housing

(The Center Square) – Spokane Valley officials discussed legislation...