New York State Opts into Federal Scholarship Tax Credit Program

New York has become the 31st state to opt into the Federal Scholarship Tax Credit (FSTC) program, a move announced by Governor Kathy Hochul. This program provides tax incentives for donations that fund K-12 scholarships, allowing families to use these funds for private school tuition, homeschooling expenses, or other eligible educational costs. The decision has been met with both support for expanding school choice and opposition from teacher unions.