The One Big Beautiful Bill Act created a federal tax credit for donations to K-12 scholarship organizations. The provision is codified at 26 U.S.C. § 25F, added by Section 70411 of Public Law 119-21, signed in July 2025. It takes effect for the 2027 tax year.
Arizona has run its own version of this since 1997. The federal program borrows the structure closely enough...