By Howard Fischer | Capitol Media Services/Arizona Daily Star
Saying the current trend is a recipe for financial disaster, a Republican lawmaker wants to cap the amount of money corporations can divert from what they owe the state to instead help send children to private and parochial schools.
Rep. Doug Coleman of Apache Junction is targeting a decade-old law that creates a dollar-for-dollar tax credit for corporations that donate to “school tuition organizations.” These STOs then turn around and provide scholarships that parents can use to pay the tuition and fees of their children.
