Democratic lawmakers are offering a way to help California’s middle class families cope with soaring college tuition: close a corporate tax loophole and use the money for scholarships. But the “Middle-Class Scholarship Act,” which receives its first committee hearing this week, already is facing several obstacles. Five out-of-state corporations are lobbying against it, and Republican lawmakers are promising to block Democrats from reaching the two-thirds majority vote they need in the Legislature.

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by Hannah Dreier, NBC Bay Area.

Posted: April 29th, 2012, by: admin. Categories: . Awaiting Comments.