Maryland Legislative Session Ends With Record Funding And New Opportunities

By BJLife/Rabbi Ariel Sadwin
Posted on 04/16/18

As Monday evening became Tuesday morning in Annapolis, the 2018 legislative session of the Maryland General Assembly came to a close.

Thankfully, Agudath Israel's efforts on behalf of Maryland's Jewish day schools and their thousands of families saw remarkable results in the growth of funding for nonpublic school students. 

The $20 million earmarked for Maryland's private school students for the 2018-2019 school year represents a 500% increase from the $4 million generated in Agudath Israel of Maryland's first legislative session in 2008.

Agudath Israel worked diligently all session on ensuring Maryland's embrace of the IRS Section 529 College Savings Plan expansion to include K-12 private school tuition. Legislation to prevent these critical tax benefits from applying to K-12 day schools was defeated and the state's Treasurer and Comptroller acknowledged the new available tax benefit. As a result, couples will be able to potentially receive a tax deduction of up to $5000 per beneficiary (e.g. child, grandchild, etc) for contributions to a 529 account that can now be used for K-12 tuition. Agudath Israel produced a detailed 529 guide for parents which is being disseminated . To receive a copy send a request to asadwin@agudathisrael-md.org.

"With  BOOST helping low income families afford private school tuition," said Rabbi Ariel Sadwin, Agudath Israel's Maryland director, "we are thankful to the state of Maryland for ensuring that parents of all income levels can receive a tax deduction for their contributions towards K-12 tuition expenses."