Earlier today, the United States Senate voted to include a permanent scholarship tax credit in the budget reconciliation bill. The groundbreaking federal school choice proposal survived two attempts to eliminate it and had to be revised in order to comply with the ruling of the Senate parliamentarian. The bill provides a dollar-for-dollar tax credit to donors who contribute to a nonprofit scholarship granting organization (SGO). The SGOs then take the pooled funds and distribute scholarships to eligible students for qualified educational expenses. The beneficiaries can include most families as the income threshold is above $300,000 in many areas (see chart). The revised version allows every taxpayer to receive a credit of up to $1700 and removed the annual cap on donations among other changes. Agudah expects that this will help generate hundreds of millions of dollars in K-12 scholarships for those wishing to attend Jewish schools. The revised bill must now pass the House before being sent to the President for his signature