IDAHO PARENTAL CHOICE TAX CREDIT – Amends existing law to revise the total amount of tax credits available in the 2026 and 2027 tax years.

This bill increases Idaho's Parental Choice Tax Credit for 2026 and 2027, allowing eligible parents to claim up to $5,000 per child for education expenses. It directly affects Idaho parents of students aged 5-18 (or 5-21 for children with disabilities), covering costs like private school tuition, tutoring, textbooks, and transportation. Parents with income under 300% of the federal poverty level get priority, and families with children requiring disability services qualify for a higher $7,500 credit. To claim the credit, parents must apply annually, document expenses, and verify eligibility through the state tax commission.