BILL ANALYSIS C.S.H.B. 900 By: Grusendorf April 11, 1995 Committee Report (Substituted) BACKGROUND Parents who do not have the financial resources to send their child to the school of their choice have limited educational options. One alternative that is available to some families with limited resources is privately funded scholarships. These scholarships allow parents the opportunity to select a school that better meets the educational needs of their child. PURPOSE This bill establishes a tax incentive program that would encourage corporations to fund scholarships for educationally disadvantaged students to attend private schools. RULEMAKING AUTHORITY It is the committee's opinion that this bill does not grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Subchapter A, Chapter 171, Tax Code, by adding Section 171.0025 (Tax Credit for Payment of Tuition). (a) Entitles a corporation to receive a franchise tax credit if the corporation pays money which is used to fund a scholarship to a private school of an educationally disadvantaged child who: (1) is eligible to attend public free schools; and (2) did not attend an accredited or unaccredited private school during the 1994-1995 school year. (b) Establishes conditions under which a public school district shall issue a tax credit voucher. (c) Establishes deadlines by which corporations must submit required paperwork to districts and by which districts must provide information to the comptroller. (d) Establishes that for each scholarship funded, the corporation receives a tax refund for the amount actually paid to a private school or to a nonprofit foundation that provides scholarships, but not more than 50 percent of the total state funding the district receives per student in statewide average daily attendance. (e), (f), (g), and (h) Establish procedures and restrictions on tax credit claims and transfer of tax credits. (i) Defines: (1) "Accredited private school" - a nonpublic school accredited by an accrediting association recognized by the commissioner of education. (2) "Educationally disadvantaged child" - a student enrolled or eligible for enrollment in the national school lunch program for free or reduced-price lunch. SECTION 2. Amends Chapter 31, Tax Code, by adding Section 31.051 (Tax Credit for Payment of Tuition). (a) Allows a school district to authorize a corporation to fund a private school scholarship in lieu of school property taxes. (b) Requires the school district to provide that a corporation is not eligible to receive a credit unless the corporation: (1) pays money which is used to fund a scholarship to a private school of an educationally disadvantaged child who: (A) is eligible to attend public free schools in the district granting credit; and (B) did not attend an accredited or unaccredited private school during the 1994- 1995 school year. (2) submits proof that the scholarship is being used to attend school. (c) Establishes additional informational requirements on the corporation to be supplied to the district, and on the district to be supplied to the comptroller. (d) Establishes that for each scholarship funded, the corporation receives a tax credit for the amount actually paid to a private school or to a nonprofit foundation that provides scholarships but not more than 50 percent of the state's tier one share per student in statewide average daily attendance. (e) Defines: (1) "Accredited private school" - a nonpublic school accredited by an accrediting association recognized by the commissioner of education. (2) "Educationally disadvantaged child" - a student enrolled or eligible for enrollment in the national school lunch program for free or reduced-price lunch. SECTION 3. Amends Section 16.006, Education Code, by adding subsection (e) (e) Reduces the average daily attendance of the school district in which a student receiving a scholarship for which a corporation received a tax credit under Section 171.0025, Tax Code. SECTION 4. Section 171.0025 applies to reports originally due on or after January 1, 1996. SECTION 5. Emergency Clause. COMPARISON OF ORIGINAL TO SUBSTITUTE The original bill allowed a corporation to receive a tax credit for providing a scholarship to an educationally disadvantaged child to attend an accredited private school. The committee substitute would also allow a corporation to receive a tax credit for the amount paid to a nonprofit foundation that provides scholarships for students who attend accredited private schools. C.S.H.B. 900 would require the school district to issue a tax credit voucher to an eligible corporation for franchise tax purposes. H.B. 900 contained permissive language. SUMMARY OF COMMITTEE ACTION On April 5, 1995, the bill was recommitted to committee. Pursuant to an announcement on the House Floor, the committee met in a formal meeting and considered H.B. 900. The committee considered a complete substitute by Representative Craddick. Without objection, C.S.H.B. 900 was adopted. By a record vote of 6 ayes, 0 nays, 0 present not voting and 5 absent, the committee voted to report H.B. 900 to the House as substituted with the recommendation that it do pass.