Perry Urges Business Tax Credit To Help Dropouts

Governor Rick Perry is urging Texas employers to help high school dropouts finish school.

He proposed a business tax credit that would reward businesses who grant employees two hours a week of paid time off to return to school or study for the GED.

Employers would be eligible for a $1,500 credit on their sales taxes for each student who obtains a diploma or GED.

Perry estimates the proposal would cost the state $15 million per year.