This bill proposes the addition of a new article to the Code of West Virginia, specifically establishing the framework for the State Treasurer's participation in the federal tax credit scholarship program. It outlines the responsibilities of the State Treasurer, which include identifying qualified scholarship granting organizations, submitting an annual list of these organizations to the Secretary of the Treasury, and accepting applications from organizations seeking to be included on this list. The bill also sets forth the criteria for what constitutes a qualified scholarship granting organization, eligible schools, and eligible students, ensuring compliance with federal regulations.

Additionally, the bill specifies that scholarship funds can be used for all elementary and secondary education expenses as permitted under federal law. The provisions aim to enhance school choice in West Virginia by facilitating access to scholarships for students eligible to enroll in public schools. The bill is set to take effect upon passage, thereby implementing these changes to the state's educational funding landscape.

Statutes affected:
Introduced Version: 18-31A-1, 18-31A-2, 18-31A-3, 18-31A-4, 18-31A-5, 18-31A-6