BOISE, Idaho (AP) — Organizers of an education funding initiative turned in more than 100,000 petition signatures to the Idaho Secretary of State's office on Wednesday in hopes of getting the Quality Education Act on the November ballot. The Quality Education Act would generate an estimated $323 million each year for K-12 education by increasing income taxes for corporations and the state's highest earning residents. Under the plan, the corporate income tax rate would increase from 6% to 8%, and individuals earning more than $250,000 taxable income — or $500,000 for joint filers — would be placed in a new 10.925% income tax bracket. Idaho is dead last in the country for per-student spending, according to a 2021-22 ranking report from the National Education Association. Utah is the only other state spending less than $10,000.