Idaho amends the Parental Choice Tax Credit to increase limits and modify eligibility criteria.

The bill revises the Idaho Parental Choice Tax Credit to increase the refundable tax credit limit to $7,500 for eligible students up to 21 years old with disabilities. It also raises the annual maximum limit for all taxpayers to $50 million. Parents must submit a survey to claim the credit, and those who do not submit it are ineligible. The state tax commission must provide annual reports on credit claims and advance payments. The bill declares an emergency and applies retroactively to January 1, 2026.

Idaho amends the Parental Choice Tax Credit to increase limits and modify eligibility criteria.

The bill revises the Idaho Parental Choice Tax Credit to increase the refundable tax credit limit to $7,500 for eligible students up to 21 years old with disabilities. It also raises the annual maximum limit for all taxpayers to $50 million. Parents must submit a survey to claim the credit, and those who do not submit it are ineligible. The state tax commission must provide annual reports on credit claims and advance payments. The bill declares an emergency and applies retroactively to January 1, 2026.