AN ACT ESTABLISHING A TAX CREDIT FOR EDUCATIONAL ACCESS AND OPPORTUNITY SCHOLARSHIPS.

Plain English Breakdown

The official text defines 'educational access and opportunity scholarship' only by name, without a detailed definition of what costs it covers or how it works.

Tax Credit Bill for School Scholarship Donations

This bill creates a state income tax break for people who donate money to groups that give out school scholarships.

What This Bill Does

• Amends general statutes to establish a new tax credit.
• Provides the tax credit for donations made to nonprofit entities.
• Requires those nonprofit entities to provide educational access and opportunity scholarships.

Who It Names or Affects

• People who donate money to qualifying nonprofit groups
• Nonprofit entities that offer school scholarships

Limits and Unknowns

• The provided text does not state the dollar amount of the tax credit.
• The source does not list specific rules for which nonprofits qualify beyond providing these scholarships.
• No effective date is listed in the provided information.

Official Summary Text

To establish a tax credit for donations made to nonprofit entities that provide educational access and opportunity scholarships.

Current Bill Text

LCO No. 280 1 of 1

General Assembly Proposed Bill No. 40
February Session, 2026 LCO No. 280

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
SEN. FAZIO, 36th Dist.

AN ACT ESTABLISHING A TAX CREDIT FOR EDUCATIONAL
ACCESS AND OPPORTUNITY SCHOLARSHIPS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That the general statutes be amended to establish a tax credit for 1
donations made to nonprofit entities that provide educational access 2
and opportunity scholarships. 3
Statement of Purpose:
To establish a tax credit for donations made to nonprofit entities that
provide educational access and opportunity scholarships.