Mississippi opts into federal school choice tax credit program |
Mississippi will soon implement tax breaks for contributions to private-school scholarships through a federal program, as announced by Gov. Tate Reeves. The initiative is seen as a victory for school-choice advocates amid ongoing legislative debates. School choice, which aims to provide families with more educational options funded by public money, remains a contentious issue. Reeves said: "Mississippi believes that parents, not governments, know what's best for their children's education." The federal tax-credit program allows individuals to contribute up to $1,700 to organizations that award scholarships to private-school students, starting in federal tax year 2027. Donors will receive a dollar-for-dollar tax credit, significantly higher than other charitable contributions. Eligibility for scholarships extends to families earning up to 300% of the area's median income, approximately $150,000 in Mississippi. In the coming months, Reeves' office will designate organizations to manage these scholarships.