Robotics Club Donation Tax Credit - AB624; need teacher support letters by Tue May 2
from Steven Chen, FTC 11128 Team Inspiration Captain
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We are happy to announce that with your help AB 624 passed the Revenue & Taxation Committee last week. It is currently in the Appropriations Committee. Teacher support letters will help move this bill to the next stage. Please ask your teachers for support of this bill. You are welcome to forward the email below with attachments when asking for support.
AB 624 is a robotics tax credit bill that Assemblyman Brian Maienschein is carrying. This bill would create a 50% tax credit for donations (up to $10,000) made to “STEM clubs that participate in robotics competitions” aka Robotics Clubs. The intent of this bill is to help support STEM education and get our students as involved in these fields as early as possible so that they feel encouraged to pursue careers in the growing STEM fields. (Refer to attached fact sheet)
The California Teacher Association (CTA) has taken an “Oppose” position on this bill although they believe in its intent, simply because tax credits take money out of the general fund, which they are big defenders of. Their position is very standard even though the bill is limited to a $1 million cap. I know that sounds like A LOT of money, however it is in fact a very small piece of the general fund, and seeing as the tax credit is 50% of donations, this would mean up to $2 million could be donated to our clubs.
Attached is also a support letter for this bill. If you could fill out the support letter and scan and email it to email@example.com , your support will show the Appropriations Committee (the committee where all bills dealing with any type of fiscal amount are heard and often killed) that this bill would in fact support robotics clubs and students STEM education.
This is time sensitive so we need these letters emailed to Nadra ASAP or by Tuesday, May 2, 2017.
Thank you for supporting this important bill that will give proper funding to robotics clubs.
FTC Team Inspiration Captain
FTC Team Inspiration Outreach Ambassador
Tracy Nguyen, O.D.
FTC Team Inspiration Outreach Liaison
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