Panel introduces revised education tax credit bill
BOISE, Idaho (AP) -- A measure giving tax credits to individuals or businesses who donate to private and religious schools has been introduced in a House committee.
The House Revenue and Taxation Committee voted on a party-line, Republican-led vote Monday to introduce the legislation that offers tax breaks to people and companies that give scholarships to students attending private schools.
The bill provides an estimated $10 million yearly in tax credits to donors.
Coeur d'Alene Republican Sen. Bob Nonini said his proposal gives more financial support to private school students and could save the state an estimated $5.8 million annually by lowering enrollment in the state's public schools.
The measure includes minor tweaks to legislation Nonini introduced a few weeks ago, and is similar to a 2012 bill floated that died with little fanfare.