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Sales Tax Credit Scholarship Program
Florida lawmakers will consider a plan to let businesses divert some of their sales tax money to private schools.
House Speaker Will Weatherford is proposing a "Sales Tax Credit Scholarship Program."
The bill would set a cap on how much money could be diverted starting with 390 million the first year.
Business owners could apply to the Department of Revenue for a specific amount donate that amount to an approved scholarship fund then deduct it from their tax payment.
It would -not- allow deductions from the Local Option Sales Tax.