Current:Home > MarketsMissouri’s GOP Gov. Mike Parson signs law expanding voucher-like K-12 scholarships -Visionary Wealth Guides
Missouri’s GOP Gov. Mike Parson signs law expanding voucher-like K-12 scholarships
View
Date:2025-04-16 07:37:34
JEFFERSON CITY, Mo. (AP) — K-12 students from low-income families across Missouri soon will have access to private school scholarships under legislation signed Tuesday by Republican Gov. Mike Parson.
The voucher-like scholarship program, which takes effect Aug. 28, will offer as much as $6,375 per child for expenses including tuition, textbooks, tutoring, transportation, extracurricular activities and summer school. Scholarship accounts are funded by private donors in exchange for tax credits.
The initiative also promises hundreds of millions of dollars more for public schools, a compromise made to help the bill pass the Legislature where so-called “school choice” policies have struggled to advance.
Teachers will be paid a minimum of $40,000 a year under the new law, with additional incentives for long-time teachers with master’s degrees.
“Since the beginning of our administration, we’ve looked at ways to increase teacher pay and reward our educators for the hard work they do,” Parson said in a statement. “This legislation helps us continue that progress.”
Missouri’s current private school scholarship program limits recipients to residents of the state’s largest cities and to families who earn less than 200% of the federal poverty level, which works out to $62,400 a year for a family of four.
The new law raises that cap to 300%, or $93,600 for a family of four. Students who need extra help through individualized education plans will get some additional scholarship money under the law.
The legislation increases the cap on tax credits for private donations to the initiative from $50 million to $75 million per year to help pay for a possible influx of students participating in the program.
The law also will require public votes to approve a school district’s switch to four-day school weeks and provide incentives to schools that maintain five-day weeks.
veryGood! (9)
Related
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Republicans Are Primed to Take on ‘Woke Capitalism’ in 2023, with Climate Disclosure Rules for Corporations in Their Sights
- How Jill Duggar Is Parenting Her Own Way Apart From Her Famous Family
- Inside Clean Energy: The Idea of Energy Efficiency Needs to Be Reinvented
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Bradley Cooper Gets Candid About His Hope for His and Irina Shayk’s Daughter Lea
- A 3-hour phone call that brought her to tears: Imposter scams cost Americans billions
- A Plan To Share the Pain of Water Scarcity Divides Farmers in This Rural Nevada Community
- Current, future North Carolina governor’s challenge of power
- This $41 Dress Is a Wardrobe Essential You Can Wear During Every Season of the Year
Ranking
- Travis Hunter, the 2
- Mega Millions jackpot rises to $820 million, fifth-largest ever: What you need to know
- How two big Wall Street banks are rethinking the office for a post-pandemic future
- Olivia Rodrigo's Celebrity Crush Confession Will Take You Back to the Glory Days
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Epstein survivors secure a $290 million settlement with JPMorgan Chase
- You Won't Be Able to Handle Penelope Disick's Cutest Pics
- Did the 'Barbie' movie really cause a run on pink paint? Let's get the full picture
Recommendation
Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
CEO Chris Licht ousted at CNN after a year of crisis
Inside Clean Energy: What’s Hotter than Solar Panels? Solar Windows.
Inside Clean Energy: US Battery Storage Soared in 2021, Including These Three Monster Projects
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
Amazon must pay over $30 million over claims it invaded privacy with Ring and Alexa
Andrea Bocelli Weighs in on Kim Kardashian and Kourtney Kardashian's Feud
Mobile Homes, the Last Affordable Housing Option for Many California Residents, Are Going Up in Smoke