MN HF3490

Minnesota elects to participate in the federal tax credit program under Public Law 119-21, section 70411, for scholarship-granting organizations

Scholarship-granting organizations must be 501(c)(3) nonprofits that comply with U.S. Treasury rules, maintain separate accounts for contributions, award scholarships to at least 10 students across multiple schools, and spend at least 90% of income on student scholarships

Organizations must prioritize returning students and siblings of current recipients, verify household income and family size, avoid earmarking funds for specific students, and prohibit self-dealing

By July 1 annually, scholarship-granting organizations must notify the Minnesota Department of Education of their compliance; the department must publish a list of qualifying organizations on its website

The bill explicitly prohibits the Department of Education or school districts from exercising additional control, supervision, or requirements over nonpublic schools, students, or parents as a result of this legislation