summary
Introduced
02/01/2022
02/01/2022
In Committee
03/17/2022
03/17/2022
Crossed Over
02/10/2022
02/10/2022
Passed
03/25/2022
03/25/2022
Dead
Signed/Enacted/Adopted
03/31/2022
03/31/2022
Introduced Session
2022 Regular Session
Bill Summary
TAXES -- Amends existing law to increase the grocery income tax credit.
AI Summary
This bill amends existing law to increase the grocery income tax credit. Specifically, it increases the credit from $100 to $120 per taxpayer, spouse, and dependent starting in tax year 2023. The bill also authorizes additional transfers from the Tax Relief Fund to the General Fund to help fund this increase in the grocery tax credit. The bill declares an emergency, allowing it to take effect immediately upon passage and approval.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Revenue and Taxation Committee (H)
Last Action
Reported Signed by Governor on March 25, 2022 Session Law Chapter 268 Effective: 03/25/2022 (on 03/31/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://legislature.idaho.gov/sessioninfo/2022/legislation/H0509/ |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2022/legislation/H0509.pdf |
| Fiscal Note/Analysis - Statement of Purpose / Fiscal Note | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2022/legislation/H0509SOP.pdf |
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