MS HB906

Creates the Opportunity Scholarship Program administered by a State Board of Education-selected scholarship granting organization (SGO) to provide scholarships for low-income public school students to attend approved nonpublic schools and for low-income prekindergarten children to attend approved prekindergarten providers.

Establishes student eligibility based on family income up to 250% of poverty level and attendance at or assignment to a school graded "D" or "F" for two of four years; scholarships equal 90% of base student cost or actual school costs, whichever is less.

Requires participating nonpublic schools to comply with antidiscrimination laws, health and safety codes, accept scholarship students randomly without regard to academic history, employ qualified teachers, and administer standardized testing or nationally recognized assessments annually.

Sets prekindergarten provider requirements including state-adopted learning standards, research-based curriculum, teacher-to-child ratio of 1:10, minimum 540 instructional hours for half-day and 1,080 for full-day programs, and participation in kindergarten screenings if adopted by state.

Allows individuals and corporations to claim annual income tax credits for donations to the Opportunity Scholarship Fund, with a maximum of $10 million in donations accepted annually and requires SGO to spend at least 93% of donation revenue on scholarships.