Fiscal Analysis of Arizona’s Corporate Tax Credit Scholarship Program
This report updates a 2005 analysis by Arizona’s Joint Legislative Budget Committee (JLBC) that looked at the fiscal impact of a proposed corporate tuition tax-credit scholarship program and reflects the program as actually passed in 2006. Updated figures indicate that the program could save the state of Arizona’s General Fund an estimated $57.2 million over five years, an average of $11.4 million annually.
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