TAXATION – Adds to existing law to establish the Idaho parental choice tax credit and Idaho Parental Choice Tax Credit Advance Payment Fund.

H 39 establishes a refundable Idaho Parental Choice Tax Credit to help families cover educational costs for children not enrolled in public schools. It provides up to $5,000 annually (or $7,500 for students with disabilities) for qualified expenses like tuition, textbooks, and transportation, with priority for parents earning under 300% of the federal poverty level. Parents can apply for an advance payment of the credit (up to $5,000) before filing taxes, with funds issued within 60 days if approved. The credit applies to students aged 5-21 who are Idaho residents and not enrolled in public schools, including those with disabilities requiring special services. The bill creates an "Advance Payment Fund" to administer these upfront disbursements.