Relating to: participating in the federal tax credit program for contributions to scholarship granting organizations.

AB 602 requires the state department to annually submit a list of qualifying scholarship granting organizations (SGOs) to the U.S. Treasury and certify the state's authority to participate in the federal tax credit program for donations to these organizations. It mandates that the governor must decide by July 1, 2026, whether to join this federal program, which would allow residents to claim tax credits for contributions to SGOs starting in 2027. The bill directly affects state administrative processes, scholarship organizations, and donors who may qualify for federal tax benefits. It does not create new tax credits but establishes the state's procedural framework for eligibility under existing federal law (26 USC 25F).