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State Report on PA’s Educational Improvement Tax Credit
The Pennsylvania Legislative Budget and Finance Committee put out a preliminary report on the Educational Improvement Tax Credit (EITC) a few months ago, but the report has been sitting on my desk waiting for my Internet access to go down before I read it.
The report includes a lot of numbers about usage of the program, which are not new, but also includes new information about incomes of students receiving scholarships. The average family income for students getting EITC scholarships was $29,000 (far below the the maximum income allowed of $50,000 plus $10,000 per dependent child).