Bill

Bill > H0471


ID H0471

ID H0471
Amends existing law to clarify provisions regarding taxation of short-term rental marketplace transactions.


summary

Introduced
01/26/2022
In Committee
03/02/2022
Crossed Over
Passed
Dead
03/31/2022

Introduced Session

2022 Regular Session

Bill Summary

SALES AND USE TAXES -- Amends existing law to clarify provisions regarding taxation of short-term rental marketplace transactions.

AI Summary

This bill amends existing law to clarify provisions regarding the taxation of short-term rental marketplace transactions. It defines key terms like "short-term rental," "vacation rental," and "short-term rental marketplace." The bill limits the ability of local governments to levy certain taxes on short-term rental marketplaces, and requires these marketplaces to register with the state tax commission to collect, report, and pay sales, use, and travel taxes on behalf of lodging operators. The bill also outlines the distribution of tax revenues collected by the state tax commission on behalf of local governments. Additionally, the bill states that the provisions of this chapter, rather than other sections of Idaho code, shall govern short-term rental marketplace transactions.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Revenue and Taxation Committee (H)

Last Action

Take bill off General Orders; referred to Revenue & Taxation (on 03/02/2022)

bill text


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