Senate Bill 414: Creates "South Carolina Educational Opportunity Act"

This is a companion bill to House Bill 3407. This bill would become known as the “South Carolina Educational Opportunity Act.” While homeschools would not participate in the scholarship program that would be established, a parent or guardian of a 5-year-old or a child enrolled in public school the previous year would be eligible for a tax credit up to $1,000 for instruction-related expenses. Beginning with the 2012-2013 school year this tax credit would continue for these students being homeschooled.