Bill
Bill > H0449
ID H0449
ID H0449Amends existing law to provide that capital gains and losses on precious metal bullion and monetized bullion sales be added to or subtracted from Idaho taxable income under certain circumstances.
summary
Introduced
01/30/2018
01/30/2018
In Committee
02/13/2018
02/13/2018
Crossed Over
02/12/2018
02/12/2018
Passed
Dead
03/28/2018
03/28/2018
Introduced Session
2018 Regular Session
Bill Summary
INCOME TAXATION -- Amends existing law to provide that capital gains and losses on precious metal bullion and monetized bullion sales be added to or subtracted from Idaho taxable income under certain circumstances.
AI Summary
This bill amends existing Idaho law to provide that capital gains and losses on the sale of precious metal bullion and monetized bullion be added to or subtracted from an individual's or corporation's Idaho taxable income under certain circumstances. The bill specifies that the terms "precious metal bullion" and "monetized bullion" have the same definitions as provided in Section 63-3622V of the Idaho Code.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Revenue and Taxation Committee (House)
Last Action
Introduced, read first time; referred to: Local Government & Taxation (on 02/13/2018)
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/2018/legislation/H0449/ |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2018/legislation/H0449.pdf |
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