A nonprofit group that has lobbied hard for a law to let corporations use money for private school tuition scholarships instead of taxes could get some of the revenue from the proposal.
The legislation introduced last week would allow corporate tax diversions estimated at $40 million next year and growing to nearly $100 million in five years. The corporate taxes would go to scholarship-granting organizations that could keep 9 percent for administrative costs. That means about $9 million in five years if the projections are accurate.
The nonprofit Parents for Educational Freedom in North Carolina wants to be one of those scholarship-granting organizations. The group's president, Darrell Allison, says pulling in new revenue isn't the group's motivation. He says he's pushing because the law would give low-income children another option if local schools disappoint.