As used in this chapter, the term: “Eligible student” means a student who is a Georgia resident who, immediately prior to receiving a scholarship or tuition grant under Code Section 20-2A-2 and enrolling in a qualified school or program, was enrolled in and attended for at least six weeks a Georgia secondary or primary public […]
Each student scholarship organization: With respect to the first $1.5 million of its annual revenue received from donations for scholarships or tuition grants, including interest earned on deposits and investments of scholarship funds or tuition grants, shall obligate at least 92 percent of such revenue for scholarships or tuition grants; with respect to its annual […]
No entity which operates, owns, is affiliated with, or is a subsidiary of an association, organization, or other entity that provides accreditation of elementary or secondary schools shall be eligible to be a student scholarship organization pursuant to this chapter. History. Code 1981, § 20-2A-2.1 , enacted by Ga. L. 2019, p. 316, § 1/HB […]
Each student scholarship organization shall report annually to the Department of Revenue, on a date determined by the Department of Revenue, subject to the time limits provided for in paragraph (5) of Code Section 20-2A-2, and on a form provided by the Department of Revenue, the following information: The total number and dollar value of […]
The Department of Revenue shall provide a list of all student scholarship organizations receiving contributions from businesses and individuals granted a tax credit under Code Section 48-7-29.16 to the General Assembly by January 30 of each year. History. Code 1981, § 20-2A-4 , enacted by Ga. L. 2008, p. 1108, § 1/HB 1133; Ga. L. […]
The parent or guardian to whom a scholarship award is granted must restrictively endorse the scholarship award to the private school for deposit into the account of the private school. The parent or guardian may not designate any entity or individual associated with the participating private school as the parent’s attorney in fact to endorse […]
The Department of Education shall maintain on its website a current list of all student scholarship organizations which have provided notice pursuant to paragraph (6) of Code Section 20-2A-2. History. Code 1981, § 20-2A-6 , enacted by Ga. L. 2008, p. 1108, § 1/HB 1133; Ga. L. 2011, p. 529, § 1/HB 325. Editor’s notes. […]
Any student scholarship organization that fails to comply with any requirements under this chapter shall be given written notice by the Department of Revenue of such failure to comply by certified mail and shall have 90 days from the receipt of such notice to correct all deficiencies. Upon failure to correct all deficiencies within 90 […]
