TAXATION – Adds to existing law to establish the Idaho Parental Choice Tax Credit.

H 1 establishes a refundable Idaho Parental Choice Tax Credit, allowing parents or legal guardians to claim up to $9,500 per qualifying child for education expenses at private schools, microschools, or learning pods. It directly affects Idaho families with children aged 5-19 who are not enrolled in public schools, covering tuition, materials, and transportation costs. The credit is refundable (meaning recipients get money back even if they owe no tax) and has an annual $250 million cap, with credits allocated on a first-come basis once the limit is reached. Expenses covered include curriculum, assessments, and transportation, but exclude public school costs or government grants.