Idaho Legislature: Ask Legislators to VOTE NO on H0342 - Taxation, tax credits (posted 03/02/25)

• Bill: legislature.idaho.gov/s…

• Contact Legislators (linked below):

(Check the linked page or use My Bill Tracker for the bill’s current status.)

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H0342 would create the “Choose Life Idaho fund,” adding it to the list of charitable organizations that taxpayers can receive an income tax credit for supporting. It increases the cap for this credit to 35% for individual taxpayers and 25% for corporate taxpayers and removes the fixed dollar caps.

This bill is a hard NO for several reasons:

• Creating special funds, donation opportunities, and tax credits to benefit specific charities gives them a significant advantage in appealing to donors, and this disadvantages other charities that are excluded from this list.

• Donations to any 501(c)(3) should qualify for this income tax credit for charitable contributions, rather than being limited to a handful of favored charities.

• State money – even in in the form of tax deductions – should NEVER be funneled into nonprofits for any reason.

• Nonprofits often start out with good intentions but can morph into corruption over time (note what happened with USAID, a supposedly benevolent aid organization that proved to be anything but).

• Reduces general fund tax revenues by $5.99 million.

• Incurs state tax commission costs for collecting and administering the moneys in the accounts.

• People can donate directly to any nonprofit they choose, without incurring administrative costs to transfer money to the organization.

• Why this specific nonprofit? Who benefits? Why not every nonprofit under the sun?