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Hochul Says New York Will Join Federal Scholarship Tax Credit Program

The decision will take effect only after federal rules are finalized.

Overview

  • Gov. Kathy Hochul’s office confirmed she intends to opt New York into the federal tax-credit scholarship program, while saying the state will review forthcoming Treasury and IRS rules for any “poison pills.”
  • The program offers a dollar-for-dollar federal income tax credit up to $1,700 for donations to Scholarship Granting Organizations, which fund K–12 expenses such as private tuition, tutoring, and transportation starting in the 2027 tax year.
  • New York is poised to be the 30th state to participate and only the second led by a Democrat, following Colorado Gov. Jared Polis, according to recent tallies cited in the coverage.
  • Hochul disclosed her plan at a private meeting with Agudath Israel leaders, and supporters like the American Federation for Children praised the move as new help for families facing high tuition bills.
  • Teacher unions and other critics warned the program lacks strong accountability and could weaken public schools, as federal rulemaking still must clarify safeguards like nondiscrimination standards and oversight, with a public comment period expected this year.