BEGIN:VCALENDAR
VERSION:2.0
PRODID:icalendar-ruby
CALSCALE:GREGORIAN
X-WR-CALNAME:Gov. Braun Opts in to New Federal Tax Credit for School Choice
  Scholarships
X-WR-TIMEZONE:Indiana (East)
BEGIN:VEVENT
DTSTAMP:20260809T233235Z
UID:tag:localist.com\,2008:EventInstance_51895975052775
DTSTART;VALUE=DATE:20260122
DESCRIPTION:FOR IMMEDIATE RELEASE\nThursday\, Jan. 22\, 2026\n \n\nGov. Bra
 un Opts in to New Federal Tax Credit for School Choice Scholarships\n\n\nI
 NDIANAPOLIS – Governor Mike Braun announced today that Indiana is opting
  into a new initiative\, which will allow Hoosiers to collect federal tax 
 savings for investments made in K-12 scholarships. The new federal tax cre
 dit\, established under President Trump’s One Big Beautiful Bill\, appli
 es to charitable contributions made to Scholarship Granting Organizations 
 (SGOs) that serve eligible K-12 students. \n \n\n“Parents are in charge 
 of their children’s education\,” said Gov. Braun. “As a state\, we a
 re prioritizing that through universal school choice and a state tax credi
 t for donations made to scholarship granting organizations\, which helps m
 ake a high-quality education accessible and affordable for every Hoosier f
 amily. Under President Trump’s leadership\, we welcome this increased fo
 cus on school choice at the federal level and are ready to leverage this a
 dditional\, federal tax credit to expand opportunities for students and fa
 milies across our state.”\n\nGovernor Braun visited Saint Philip Neri Ca
 tholic School to mark the occasion of opting into the new federal tax cred
 it that will help parents remain in the drivers seat of their children's e
 ducation. Gov. Braun spoke with teachers\, and students showed him some of
  their most recent projects. Photos of the visit can be found HERE. \n\n\n
 Families can access scholarships through eligible SGOs to support qualifie
 d educational expenses\, including costs incurred for children at public a
 nd private schools\, such as tuition\, fees\, tutoring\, educational thera
 pies\, transportation\, technology\, etc.\n\nBeginning January 1\, 2027\, 
 individuals will be eligible for a nonrefundable federal tax credit of up 
 to $1\,700 for contributions to participating SGOs. Any unused credit may 
 be carried forward for up to five years. The below Indiana-based SGOs have
  already indicated they plan to participate in the new federal tax credit 
 program in 2027\; others may continue to be added\,\n\nInstitute for Quali
 ty Education\, Inc.Sagamore Institute Scholarship for Education ChoiceThe 
 Lutheran Scholarship Granting Organization of Indiana\, Inc.School Scholar
 ship Granting Organization of Northeast Indiana\, Inc.Legacy Foundation  
 “Every child is unique\, and Indiana is home to a variety of high-qualit
 y educational options to meet those needs\, regardless of a family’s inc
 ome or ZIP code\,” said Dr. Katie Jenner\, Indiana Secretary of Educatio
 n. “This new federal tax credit will continue to drive investments in sc
 holarships\, ensuring high-quality educational opportunities are within re
 ach for every learner\, in an environment that helps them reach their grea
 test potential.”\n\n\nThe State of Indiana also offers a 50% tax credit 
 for donors to qualified Indiana SGOs. There are no limits to the amount a 
 donor can contribute to a qualified Indiana SGO. \n \n\n###
LOCATION:
SUMMARY:Gov. Braun Opts in to New Federal Tax Credit for School Choice Scho
 larships
URL;VALUE=URI:https://events.in.gov/event/gov-braun-opts-in-to-new-federal-
 tax-credit-for-school-choice-scholarships
END:VEVENT
END:VCALENDAR