Highlights of Gov. Mark Sanford’s tuition tax-credit plan, dubbed “Put Parents in Charge” by its supporters

• Parents with taxable incomes of $75,000 or less could take an annual tax credit of up to 80 percent of about $4,000 per pupil the state spends in public schools.

• The money could be used for private school tuition, costs associated with transferring to a different public school, or some expenses for home schooling.

• Individuals or corporations could take a tax credit for donating to private school scholarships.

• The credit could be taken against income taxes, insurance premium taxes or license fees.