Bill

Bill > H0046


ID H0046

ID H0046
Amends existing law to revise provisions regarding the taxation of property of a qualifying business entity receiving the Idaho information technology equipment sales tax exemption in a revenue allocation area.


summary

Introduced
01/27/2023
In Committee
02/03/2023
Crossed Over
Passed
Dead
04/06/2023

Introduced Session

2023 Regular Session

Bill Summary

TAXATION -- Amends existing law to revise provisions regarding the taxation of property of a qualifying business entity receiving the Idaho information technology equipment sales tax exemption in a revenue allocation area.

AI Summary

This bill amends existing law to revise provisions regarding the taxation of property of a qualifying business entity receiving the Idaho information technology equipment sales tax exemption in a revenue allocation area. Specifically, the bill requires the State Tax Commission to notify the county clerk within 30 days if a qualifying business entity receives the sales tax exemption or if the exemption is invalidated. This ensures the property value is properly accounted for in the revenue allocation area's base assessment roll.

Committee Categories

Government Affairs

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Local Government Committee (House)

Last Action

U.C. to be returned to Local Government Committee (on 02/16/2023)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...