Bill

Bill > H0751


ID H0751

ID H0751
Amends existing law to revise provisions regarding a sales and use tax rebate for certain developers of certain retail complexes.


summary

Introduced
02/20/2026
In Committee
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

RELATING TO TAXATION; AMENDING SECTION 63-3641, IDAHO CODE, TO REVISE PRO- VISIONS REGARDING THE REBATE OF SALES TAX COLLECTED; AND DECLARING AN EMERGENCY AND PROVIDING RETROACTIVE APPLICATION.

AI Summary

This bill amends existing Idaho law to revise the provisions for a sales and use tax rebate for developers of certain retail complexes, specifically impacting the requirements and limits for "approved transportation improvements" which are highway projects costing over $5 million for an interstate interchange or highway improvement, and requires an agreement with the Idaho Transportation Board or a political subdivision (city, county, or highway district receiving highway funding). The bill clarifies that such agreements cannot be amended later to expand the scope of the improvement, and it increases the total rebate cap for a single approved transportation improvement from $35 million to $100 million. Additionally, the bill declares an emergency and provides for the changes to be effective retroactively to January 1, 2026.

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Ways and Means Committee (House)

Last Action

Third Reading Calendar (11:00:00 2/25/2026 House Floor) (on 02/25/2026)

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