Bill > H87

This bill, the Educational Choice for Children Act (ECCA), allows North Carolina to participate in a federal tax credit program established by the "ONE BIG BEAUTIFUL BILL ACT" (though the specific federal act is referenced as Section 25F of the Internal Revenue Code, 26 U.S.C. § 25F). This program provides a tax credit to individuals who contribute to "scholarship granting organizations," which are entities that provide scholarships for educational expenses. The bill requires the State Education Assistance Authority (the Authority) to identify and publish an annual list of these qualifying scholarship granting organizations, both for the state's own records and to submit to the U.S. Secretary of the Treasury. The Authority will also establish rules for how organizations can qualify to be on this list, and these scholarships can cover various elementary and secondary education expenses, including home schooling, as permitted by federal law.