Nevada Educational Choice Scholarship Program Update
During Nevada’s 2015 Legislative Session, Assembly Bill No.
165 (AB 165) was passed and signed into law by Governor Sandoval. AB 165 established the Nevada Educational
Choice Scholarship Program. This program
allows any taxpayer who is required to pay the Modified Business Tax pursuant
to NRS 363A.130 or 363B.110 to receive a credit against the tax otherwise due
for any donation of money made by the taxpayer to a scholarship organization
that has been approved by the Nevada Department of Education. Taxpayers who are interested in donating to
an approved scholarship organization should contact the Department of Education
to obtain a list of approved organizations. A list of approved scholarship
organizations can also be found at: http://www.doe.nv.gov/Private_Schools/Nevada_Choice_Scholarship_Program/.
Donation requests received by scholarship organizations must be approved by the
Department of Taxation. For Fiscal Year
2015-2016 the maximum amount of total donations which can be approved is
As of 11/20/2015, the Department of Taxation has approved 54
donation requests from qualified scholarship organizations for a total of $5,000,000.
As of 11/20/2015, the Department of Taxation has received
confirmation from the scholarship organizations that they have received a total
of $5,000,000 in actual donations which had been approved by the Department of
The maximum amount of total donations for Fiscal Year
2015-2016 has been approved and confirmed.