Bill > H0360

This bill amends, repeals, and adds to existing law to repeal the tax on the sale of food. The key provisions are: 1. It creates a new section in Idaho's tax code (Section 63-3622H) that exempts the sale of food for human consumption from sales and use taxes, defining "food" to have the same meaning as in the federal Supplemental Nutrition Assistance Program (SNAP). This exemption does not apply to restaurant sales, food sold in a heated state, or food sold with eating utensils. 2. It repeals three existing sections of Idaho's tax code (Sections 63-3024A, 63-3077G, and 63-3077H) that previously dealt with the taxation of food. 3. It makes changes to the distribution of sales tax revenues in Idaho, including increasing the percentage allocated to the revenue-sharing account for cities and counties. The bill is set to take effect at different times, with Sections 2-4 retroactive to January 1, 2020, Section 1 effective June 1, 2020, and Section 5 effective July 1, 2020.

Budget and Finance, Justice

https://legislature.idaho.gov/sessioninfo/2020/legislation/H0360/