JEFFERSON CITY, MO – Missouri students as soon as next year could have access to scholarships for private school through a new tax credit program.
Republican Gov. Mike Parson on Wednesday signed the tax credit program into law.
Under the voucher-style program, private donors would give money to nonprofits that in turn would dole out scholarships to low-income families. Donors would get state tax credits equal to the amount they donate.
Parson’s signature represents a long-sought victory for primarily GOP advocates of so-called school choice legislation.
Critics say such programs funnel money away from public schools by drawing students out of those districts, leading to a drop in attendance and a subsequent drop in funding.