ID H0812

Amends Section 63-3029C of Idaho Code to add the Family Advocacy Center and Education Services, Inc. to the list of eligible organizations for charitable contribution tax credits.

Allows taxpayers to claim a credit equal to 50% of charitable contributions made to eligible child advocacy and youth service organizations.

Limits tax credit for individual taxpayers to the lesser of 20% of total income tax liability or $100 per year.

Limits tax credit for corporations to the lesser of 10% of total income or franchise tax liability or $500 per year.

Effective retroactively to January 1, 2022, upon passage and approval with emergency declaration.