IN SB0161

Indiana Department of Education required to participate in the federal tax credit scholarship program under Section 25F of the Internal Revenue Code (from the One Big Beautiful Bill Act of 2025), submitting a list of qualified scholarship granting organizations to the U.S. Treasury by January 1 each year

Scholarship granting organizations must be 501(c)(3) nonprofits with the primary purpose of providing scholarships to students and must meet federal requirements under Section 25F(c)(5)

Governor and Department of Workforce Development, consulting with the Commission for Higher Education, must establish processes to identify and approve eligible workforce training programs for federal workforce Pell grants

Eligible workforce training programs required to report program completion rates, job placement rates, and graduate earnings data to the department

Effective dates: upon passage, July 1, 2026, and January 1, 2027; passed Senate 42-2 on January 26, 2026