Bill

Bill > H0407


ID H0407

ID H0407
Amends existing law to revise the income tax credit for food sales.


summary

Introduced
02/04/2020
In Committee
02/05/2020
Crossed Over
Passed
Dead
03/20/2020

Introduced Session

2020 Regular Session

Bill Summary

GROCERY TAX CREDIT -- Amends existing law to revise the income tax credit for food sales.

AI Summary

This bill amends existing law to revise the income tax credit for food sales. Specifically, it increases the food tax credit from $100 to $135 for the taxpayer, their spouse, and each dependent who are Idaho residents. It also makes changes to the administration and eligibility requirements for the credit, such as allowing the Idaho Department of Correction and the Idaho Department of Health and Welfare to exchange information with the State Tax Commission to ensure the credit is not being claimed by ineligible individuals. The bill is effective retroactively to January 1, 2020.

Committee Categories

Budget and Finance, Justice

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Revenue and Taxation Committee (House)

Last Action

Reported Printed and Referred to Revenue & Taxation (on 02/05/2020)

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