Educational Choice for Children Act of 2024

This bill creates a federal tax credit for individuals who contribute to scholarship granting organizations (SGOs) that provide scholarships for elementary and secondary education. Taxpayers can claim a credit equal to up to 10% of their adjusted gross income or $5,000 (whichever is less) for contributions to SGOs that provide scholarships for students from households earning no more than 300% of the area median income. Scholarships can cover tuition, educational materials, tutoring, testing fees, and educational therapies, with SGOs required to verify income, undergo independent audits, and meet strict distribution rules. The program would operate with a $5 billion annual cap from 2025-2028, prohibit government control over SGOs or private/religious schools, and prevent discrimination based on religious affiliation.