Bill
Bill > H0001
ID H0001
Amends, repeals, and adds to existing law to provide for income tax rebates, to provide for a cash transfer, to revise individual and corporate income tax rates, to establish and create the in-demand careers fund, and to provide sales tax distributions to public schools.
summary
Introduced
09/01/2022
09/01/2022
In Committee
09/01/2022
09/01/2022
Crossed Over
09/01/2022
09/01/2022
Passed
09/01/2022
09/01/2022
Dead
Signed/Enacted/Adopted
09/01/2022
09/01/2022
Introduced Session
2022 Special Session
Bill Summary
TAXATION -- Amends, repeals, and adds to existing law to provide for income tax rebates, to provide for a cash transfer, to revise individual and corporate income tax rates, to establish and create the in-demand careers fund, and to provide sales tax distributions to public schools.
AI Summary
This bill amends, repeals, and adds to existing law to provide for income tax rebates, to provide for a cash transfer, to revise individual and corporate income tax rates, to establish and create the in-demand careers fund, and to provide sales tax distributions to public schools. Specifically, the bill creates the Idaho Tax Rebate Fund to distribute rebate checks to individual taxpayers, reduces individual and corporate income tax rates to 5.8%, establishes the in-demand careers fund to support workforce development, and directs a portion of sales tax revenue to public schools. The bill also includes an advisory question on the 2022 general election ballot to gauge public support for these measures.
Committee Categories
Budget and Finance
Sponsors (59)
Jim Addis (R),
Jeff Agenbroad (R),
Paul Amador (R),
Kelly Anthon (R),
Scott Bedke (R),
Matt Bundy (R),
Ned Burns (D),
Van Burtenshaw (R),
Gregory Chaney (R),
Lance Clow (R),
Kevin Cook (R),
Carl Crabtree (R),
Brent Crane (R),
Barbara Ehardt (R),
Marco Erickson (R),
Rod Furniss (R),
Terry Gestrin (R),
Marc Gibbs (R),
Brooke Green (D),
Scott Grow (R),
Mark Harris (R),
Linda Hartgen (R),
Lee Heider (R),
Clark Kauffman (R),
Ryan Kerby (R),
Todd Lakey (R),
Abby Lee (R),
Dave Lent (R),
Laurie Lickley (R),
PattiAnne Lodge (R),
Fred Martin (R),
Lori McCann (R),
John McCrostie (D),
Brandon Mitchell (R),
Jason Monks (R),
Mike Moyle (R),
Colin Nash (D),
David Nelson (D),
Eva Nye (D),
Doug Okuniewicz (R),
Jim Patrick (R),
Doug Ricks (R),
Peter Riggs (R),
Ilana Rubel (D),
James Ruchti (D),
Carrie Semmelroth (D),
Bruce Skaug (R),
Mary Souza (R),
Scott Syme (R),
Sally Toone (D),
Caroline Troy (R),
Julie VanOrden (R),
Janie Ward-Engelking (D),
Jon Weber (R),
Chuck Winder (R),
Fred Wood (R),
James Woodward (R),
Julie Yamamoto (R),
Rick Youngblood (R),
Other Sponsors (1)
Revenue and Taxation Committee (H)
Last Action
Reported Signed by Governor on September 1, 2022 Session Law Chapter 1 Effective: 09/01/2022 SECTION 1-3 and 12-14; 01/03/2023 SECTION 4-11 (on 09/01/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://legislature.idaho.gov/sessioninfo/2022spcl/legislation/H0001/ |
BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2022spcl/legislation/H0001.pdf |
Fiscal Note/Analysis - Statement of Purpose / Fiscal Note | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2022spcl/legislation/H0001SOP.pdf |
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