@illinoispolicy: 🚨 If Indiana gets Illinois taxpayer money, it’s Gov. JB Pritzker’s fault. A new billboard caused controversy by advertising that Illinois taxpayers can get a federal income tax credit for donating money to students out of state. It’s referring to the Education Freedom Tax Credit, which offers taxpayers a dollar-for-dollar income tax credit for donations of up to $1,700 per year to qualified scholarship-granting organizations. Any taxpayer in any state can claim the credit starting in 2027. But only students in states whose governor has opted into the program can benefit from the donated education money. Pritzker has not opted Illinois in. Four of Illinois’ neighbors have, including Indiana, where the billboard is advertising Illinoisans to donate scholarship money. The billboard is correct. If Pritzker opts Illinois in, donated money flows to eligible Illinois students. If Pritzker does not opt Illinois in, Illinois donors can still claim the federal tax credit by contributing to qualifying scholarship-granting organizations in participating states such as Indiana, but Illinois students cannot receive any of the donated money. Students receive donated money to use on a variety of educational needs Starting in 2027, students in public or private schools can access donor money from the program for a variety of educational services. Families must have an income of 300% or less of their area gross median income for their children to be eligible for the donated money. The program allows students to use the money for a variety of expenses, including: >Tuition >Fees >Tutoring >Services for students with special needs >Books, supplies or other equipment >Extended-day programs >Computer technology, equipment or internet access >Uniforms, transportation or room and board >The program benefits public and private school students Students in public or private schools can use the scholarship money. That means public school students who might be struggling in certain areas or who need extra help or materials won’t have to leave their local public schools to find the support or opportunities they need. Or their families could get tuition assistance to help send them to a private school if that better fits their needs. The most recent state test scores for Illinois show only half of students were reading at grade level in spring 2025. Just 39% were proficient in math. Illinois students are struggling. The scholarship program offers families a way to provide the academic support their children need, whether at their local public school or at a private school. The program takes no money from public schools. The program will not divert federal or state money from public schools to fund the scholarships. Instead, the scholarships are donated by taxpayers, who will get a dollar-for-dollar federal tax credit. That credit will matter little to a billionaire but can benefit middle-income givers. Any taxpayer can receive the federal tax credit for a qualified contribution. The only cost to the federal government is minimal foregone income tax revenue. There is no cost to states, only the benefit of more help flowing directly to students. Most states have already indicated they will opt into the program. So far, 31 states have indicated they will opt in, including six controlled by Democrats. Pritzker must decide by Jan. 1 whether to opt Illinois into the program. If he does not opt in, Illinois students will not get money donated by Illinoisans — students in other states will.

Illinois Policy
Illinois Policy
Open In TikTok:
Region: US
Tuesday 22 September 2026 20:35:20 GMT
3042
201
20
35

Music

Download

Comments

mixedupjeff
MiXeDuPJeFF :
This program only benefits wealthy families and Private schools can still pick and choose who they want.
2026-09-23 01:41:46
7
kyleharrison1
Kyle Harrison :
He won’t because it gives us a tax credit and not a tax increase
2026-09-23 01:57:59
11
manny_k23
manny_k23 :
Free money…Boooo[Big LOL][Big LOL][Big LOL]
2026-09-22 21:57:03
2
philiparnold6
Philip Arnold :
Red Wave Illinois
2026-09-23 14:27:27
2
jimbob059
Jim :
First the Bears, now this
2026-09-23 01:24:22
4
sammydesposito
Sammyesposito :
Red pill
2026-09-23 11:39:05
1
gilbreth1124
Adam Gilbreth :
Pritzer can’t find a way to tax it, so that’s why he won’t allow it
2026-09-23 13:35:21
3
balder20052
balder2005 :
the governor of Illinois is trash 🗑
2026-09-23 13:06:48
3
jdjdd856
jdjdd856 :
get gas while you're over there.. it was 70 cents cheaper when I checked yesterday
2026-09-23 01:53:16
3
patrick618314
Patrick618314 :
The words Tax credit is JB’s kryptonite
2026-09-23 20:41:23
1
seven_birds_we_are_cool
Danette Renee :
The only people that don’t care live off the government
2026-09-22 21:39:40
3
nbuke
nbuke :
Giving taxpayer money to private schools is so stupid, but the money is free for Illinois at this point. It’s already being charged in taxes
2026-09-22 21:33:40
1
To see more videos from user @illinoispolicy, please go to the Tikwm homepage.

Other Videos


About