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SB 517 - Elementary & Second.Educ. Assist. Corp. - private contrib.for tuition (5)

Price, Richard J (28th)

Status Summary	SC:	F&PU	HC:		FR:	03/01/00	LA:	03/01/00	S - Read 1st time

First Reader Summary

A bill to be entitled an Act to encourage the donation and expenditure of private funds for the benefit of elementary and secondary students enrolled in public and private schools in this state through certain tax credits; to amend Chapter 2 of Title 20 of the Official Code of Georgia Annotated, relating to elementary and secondary education, so as to establish the Georgia Elementary and Secondary Education Assistance Corporation; to amend Article 2 of Chapter 7 of Title 48 of the O.C.G.A., relating to the imposition, rate, and computation of state income taxes, so as to provide for a tax credit for contributions to the Georgia Elementary and Secondary Education Assistance Corporation; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.

Code Sections

Code Sections amended: