Federal Aid - As enacted, enacts the "Federal Tax Credit Scholarship Act." - Amends TCA Title 4; Title 9 and Title 49.

HB 2187 would enable Tennessee to participate in a federal tax credit program that allows individuals to deduct donations to scholarship organizations. The bill requires the state education department to certify qualifying organizations and publish their list, aligning with federal rules under Section 25F of the Internal Revenue Code. These certified organizations could then provide scholarships covering K-12 education expenses, including homeschooling costs, as permitted by federal law. The program would become available for tax years beginning after December 31, 2026.