TAXATION – Amends, repeals, and adds to existing law to repeal and replace the Idaho Parental Choice Tax Credit and the Idaho Parental Choice Tax Credit Advance Payment Fund.

H 590 replaces Idaho's existing Parental Choice Tax Credit program with a new tax credit system. It establishes a refundable state tax credit of up to $5,000 per eligible student (increasing to $7,500 for students with disabilities) for parents paying qualified education expenses at nonpublic schools, including tuition, textbooks, and transportation. The credit applies to Idaho residents aged 5-18 (or 5-21 for disabled students) who meet income limits (300% of federal poverty level), with priority given to low-income families and prior recipients. Parents must apply annually by January 15-March 15, and the state will issue credits or advance payments by August 30. The bill repeals the previous credit and its advance payment fund while creating new administrative requirements.