Jim Stalzer

State Sen. Jim Stalzer, R-Sioux Falls, speaks on the Senate floor during the 2023 legislative session at the Capitol in Pierre. (Makenzie Huber/South Dakota Searchlight)

Bill would raise cap on private school scholarships funded by insurance companies

BY: - January 13, 2024

A bill beginning its journey through the Legislature would create more private school scholarships funded by insurance companies in exchange for tax relief.¬† The legislation¬†would raise the annual tax-credit cap for insurance companies from $3.5 million to $5 million. The companies get state tax credits in exchange for donations to a private-school scholarship program for […]