Bill > H0506

This bill amends existing Idaho law to revise provisions regarding a sales and use tax rebate for developers of certain retail complexes, specifically increasing the maximum rebate amount for approved transportation improvements from $35 million to $100 million. An "approved transportation improvement" is defined as a highway project for installing an interchange from an interstate highway or improving a highway, with a cost exceeding $10 million, and requires an agreement with the Idaho transportation board or a political subdivision (a city, county, or highway district receiving highway funding). The rebate is sixty percent of sales and use taxes collected and remitted by "qualified retailers" (businesses within the complex that have a separate seller's permit for that location, are identified with the complex, and did not operate a retail business at the same location before the complex was built) and is intended to reimburse the developer for project expenses related to these improvements. The bill also declares an emergency and provides for retroactive application to January 1, 2026.

Budget and Finance

Revenue and Taxation Committee (House)

https://legislature.idaho.gov/sessioninfo/2026/legislation/H0506/