REACH applauds the introduction of two bills, one introduced by Sen. Jeff Piccola and the other introduced by Speaker of the House Keith McCall, that would restore EITC funding to $75 million. A REACH release on the bills is below, and we have updated the “Contact Your Legislator” letters to reflect the bill numbers. Feel free to contact your legislators again with this new message.
-REACH Alliance Release –
Two legislators have introduced bills that would restore funding for Pennsylvania’s Educational Improvement Tax Credit (EITC) Program to $75 million. The program, established in 2001, is an educational program that helps children get the chance to attend the best school available to them and provides enhanced opportunities for kids in public schools.
Speaker of the House Keith McCall, D-Carbon, introduced House Bill 2508 with 109 co-sponsors. His bill has been referred to the Finance Committee. Sen. Jeff Piccola, R-Dauphin, introduced Senate Bill 1370 with 27 co-sponsors. The program was cut by $15 million last year and is slated for another $10 million reduction in this year’s state budget. Both bills would restore the EITC funds to $75 million. At the same time, funding for education is slated for a $354 million increase in the budget.
“Funding cuts to the EITC program affect Pennsylvania families directly. Last year, it’s estimated that approximately 6,000 scholarships were lost due to the $15 million cut – and if the program is cut again, the effects will be even more devastating,” says Bill Donahue, Chairman of the REACH Board of Directors. “We strongly applaud Speaker McCall and Senator Piccola’s efforts to restore funding for this educational program and help Pennsylvania’s families.”
Many in the Legislature have called the EITC program the best educational initiative passed in Pennsylvania in the past 15 years. Funds for the program come from businesses, which make contributions to non‐profit scholarship or educational improvement organizations. Since the program’s inception in 2001, more than 3,600 companies have pledged nearly $490 million to EITC organizations.
The program benefits both public and private schools in Pennsylvania, and actually saves the state money – each student attending private schools saves the state approximately $12,000 in education costs. If all 44,000 students receiving EITC scholarships would re‐enter the public school system, it would cost Pennsylvania taxpayers an additional $531.6 million per year. The EITC program has received bipartisan support since its inception.