NV AB214

Increases the annual tax credit cap for donations to scholarship organizations from $6,655,000 to $30,000,000 for Fiscal Year 2025-2026, with 10% annual increases thereafter

Expands eligibility to include pupils with household income up to 400% of federal poverty level (up from 300%), pupils with IEPs, siblings of current/prior recipients, and children of active-duty military, peace officers, or firefighters

Creates a new tax credit against the 3.5% insurance premium tax for insurers who donate to scholarship organizations, in addition to existing modified business tax credits

Establishes a priority system for awarding grants: first to returning recipients, then siblings, then income-eligible pupils, then special categories (IEP, military, first responder families)

Sets a minimum grant amount of $1,000 per pupil, with maximum grants adjusted annually for inflation (base maximum was $7,755 in FY 2015-2016)