Presumably, this proposal would greatly enhance Rhode Island’s tax credit scholarship program:
While most of the K–12 educational-funding and -policy decisions are appropriately housed in the states, an innovative new policy idea would allow the federal government to play a constructive role in expanding educational opportunity in America. U.S. Secretary of Education Betsy DeVos has unveiled a proposal for Education Freedom Scholarships, with corresponding legislation introduced by Senator Ted Cruz and Representative Bradley Byrne. The plan would invest $5 billion annually in America’s students by allowing individuals and businesses to make contributions to in-state, non-profit Scholarship Granting Organizations (SGOs) that provide scholarships to students. Contributors would receive a non‐refundable, dollar‐for‐dollar federal tax credit in return for their donations. No contributor would be allowed a total tax benefit greater than the amount of their contribution, and not a single dollar would be taken away from public schools and the students who attend them.
The program would actually be administered through the state, which puts Rhode Island at an advantage because we’ve already got such a program going. Of course, it would be even better if Rhode Island expanded its own program in the ways suggested, here, notably by allowing individuals, and not just corporations, to contribute.