After the Invest in Kids Act expired at the beginning of the year, parents and school administrators are facing uncertainty for what comes next.

It allowed individuals or businesses in Illinois to donate scholarship funds in exchange for a 75% income tax credit. Scholarships were awarded to students whose annual family income didn’t exceed 300% of the federal poverty level. For a family of four, that’s just under $80,000 a year.

After the Invest in Kids Act expired at the beginning of the year, parents and school administrators are facing uncertainty for what comes next.
It allowed individuals or businesses in Illinois to donate scholarship funds in exchange for a 75% income tax credit. Scholarships were awarded to students whose annual family income didn’t exceed 300% of the federal poverty level. For a family of four, that’s just under $80,000 a year.

All Things Peoria is WCBU’s daily newsmagazine, airing weekdays at 5 p.m. This half-hour program shines a light into all corners of Greater Peoria. You’ll see the challenges we face from a new angle. And you’ll hear from the neighbors you never knew you had.

All Things Peoria

All Things Peoria is on hiatus effective January 22, 2024. Archived episodes are available below. If you’re looking for more news, please subscribe to our weekday morning podcast, On Deck, and visit our online news section.

All Things Peoria is on hiatus effective January 22, 2024. Archived episodes are available below. If you’re looking for more news, please subscribe to our weekday morning podcast, On Deck, and visit our online news section.

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