Tag: tax credis

  • Idaho Supreme Court upholds state school choice tax credit

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    On Feb. 5, 2026, the Idaho Supreme Court unanimously upheld the state's private school choice refundable tax credit, rejecting the argument that the program violated the Idaho Constitution and judicial precedent.  The petitioners included the Committee to Protect and Preserve the Idaho Constitution, Inc., Mormon Women for Ethical Government, School District No. 281, Latah County,…

  • IRS requests comments on implementing the U.S. school choice tax credit scholarship

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    On Nov. 26, the Internal Revenue Service (IRS), a bureau of the U.S. Treasury, issued a notice requesting comments regarding the implementation of the U.S. school choice tax credit scholarship (USTCS) program. The 2025 budget reconciliation bill, called the One Big Beautiful Bill Act (OBBBA), established the program when President Donald Trump (R) signed the…