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Legislative analyst tells JFAC parental choice tax credit cuts revenues by $50 million; tax commission costs remain under discussion
Summary
Keith Bybee, division manager for budget and policy analysis, told JFAC that House Bill 93, the parental choice tax credit, reduces projected revenues by $50,000,000 and carries a fiscal note that may add resources for the Idaho State Tax Commission.
Keith Bybee, division manager for budget and policy analysis with the Legislative Services Office, briefed the Joint Finance‑Appropriations Committee on the general fund daily update Tuesday, saying House Bill 93 — the parental choice tax credit — reduces projected revenues by $50,000,000 and includes fiscal‑note costs for the Idaho State Tax Commission.
Bybee told the committee the tax credit appears in the legislative column as a $50,000,000…
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