TAXATION – Amends existing law to extend the Child Tax Credit indefinitely.

LEGISLATURE
OF
THE
STATE
OF
IDAHO
Sixty-eighth
Legislature
Second
Regular
Session
-
2026
IN
THE
SENATE
SENATE
BILL
NO.
1450
BY
STATE
AFFAIRS
COMMITTEE
AN
ACT
1
RELATING
TO
TAXATION;
AMENDING
SECTION
63
-
3029L,
IDAHO
CODE,
TO
REVISE
A
2
PROVISION
REGARDING
THE
CHILD
TAX
CREDIT;
AND
DECLARING
AN
EMERGENCY
3
AND
PROVIDING
RETROACTIVE
APPLICATION.
4
Be
It
Enacted
by
the
Legislature
of
the
State
of
Idaho:
5
SECTION
1.
That
Section
63
-
3029L,
Idaho
Code,
be,
and
the
same
is
hereby
6
amended
to
read
as
follows:
7
63
-
3029L.
CHILD
TAX
CREDIT.
(1)
For
taxable
years
beginning
on
or
af
-
8
ter
January
1,
2018,
and
before
January
1,
2026,
there
shall
be
allowed
to
a
9
taxpayer
a
nonrefundable
credit
against
the
tax
imposed
by
this
chapter
in
10
the
amount
of
two
hundred
five
dollars
($205)
with
respect
to
each
qualifying
1
1
child
of
the
taxpayer.
For
purposes
of
this
section,
the
term
"qualifying
12
child"
has
the
meaning
as
defined
in
section
24(c)
of
the
Internal
Revenue
13
Code.
In
no
event
shall
more
than
one
(1)
taxpayer
be
allowed
this
credit
for
14
the
same
qualifying
child.
This
credit
is
available
only
to
Idaho
residents.
15
Any
part
-
year
resident
entitled
to
a
credit
under
this
section
shall
receive
16
a
proportional
credit
reflecting
the
part
of
the
year
in
which
the
part
-
year
17
resident
was
domiciled
in
Idaho.
18
(2)
In
the
case
of
divorced
parents
or
parents
who
do
not
live
together,
19
if
the
qualifying
child
is
in
the
custody
of
one
or
both
of
the
child's
par
-
20
ents
for
more
than
one
-
half
of
a
calendar
year,
such
child
is
the
qualifying
21
child
of
the
custodial
parent
for
the
taxable
year
beginning
during
such
cal
-
22
endar
year.
However,
the
child
may
be
the
qualifying
child
of
the
noncusto
-
23
dial
parent
if
either
of
the
following
requirements
are
met:
24
(a)
A
court
of
competent
jurisdiction
has
unconditionally
awarded,
in
25
writing,
to
the
noncustodial
parent
the
tax
benefits
associated
with
26
the
child
pursuant
to
section
32
-
706,
Idaho
Code,
and
the
noncustodial
27
parent
attaches
a
copy
of
the
court
order
to
the
noncustodial
parent's
28
income
tax
return
for
the
taxable
year;
or
29
(b)
The
custodial
parent
signs
a
written
declaration
that
such
custo
-
30
dial
parent
will
not
claim
the
credit
of
this
section
with
respect
to
31
such
child
for
any
taxable
year
beginning
in
such
calendar
year
and
the
32
noncustodial
parent
attaches
such
written
declaration
to
the
noncusto
-
33
dial
parent's
income
tax
return
for
the
taxable
year
beginning
during
34
such
calendar
year.
35
SECTION
2.
An
emergency
existing
therefor,
which
emergency
is
hereby
36
declared
to
exist,
this
act
shall
be
in
full
force
and
effect
on
and
after
its
37
passage
and
approval,
and
retroactively
to
January
1,
2026.
38