South Dakota lawmakers last week rejected a bill that was meant to increase transparency in the state鈥檚 school choice scholarship program.
The bill would have required insurance companies to disclose how much money they donate to the private-school-scholarship fund in exchange for tax credits. It also would have required the group in charge of the program to show how much goes to each private school. The scholarship program was created last year and can accept up to $2 million a year.
Bill supporters say taxpayers should know how much money is being diverted from the state鈥檚 general fund for private use. Opponents say it鈥檚 still a fledgling program and argue that the bill could intimidate companies and families and discourage their participation.
