Northern Kentucky’s K-12 public and Catholic schools are starting to enroll in a program to generate more federal revenue from a new income tax credit, though many details about how the program will work remain unclear.
Kentucky lawmakers overrode Gov. Andy Beshear’s veto in March, opting into the federal program that matches taxpayers’ contributions to entities called “Scholarship Granting Organizations” with a federal income tax credit for every dollar up to $1,700, or a combined $3,400, for couples filing taxes together.
Scholarship Granting Organizations, or SGOs, function to both collect and administer contributions to K-12 schools — private schools, public schools and in Kentucky, homeschools — as scholarships to support eligible households…