Bill
Bill > H0675
summary
Introduced
03/09/2018
03/09/2018
In Committee
03/20/2018
03/20/2018
Crossed Over
03/13/2018
03/13/2018
Passed
Dead
Signed/Enacted/Adopted
03/28/2018
03/28/2018
Introduced Session
2018 Regular Session
Bill Summary
TAXES -- Amends H.B. 463 to revise the child tax credit and to provide legislative intent.
AI Summary
This bill amends H.B. 463 to increase the child tax credit from $130 to $205 per qualifying child for taxable years beginning on or after January 1, 2018, and before January 1, 2026. The bill also provides legislative intent to apply the anticipated sales tax revenue increase resulting from the passage of House Bill No. 578 (regarding the collection of Idaho sales tax on certain sales by out-of-state retailers) towards providing income tax relief for Idaho families from the general fund. The bill has an emergency clause, making it effective immediately and retroactive to January 1, 2018.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Revenue and Taxation Committee (House)
Last Action
Reported Signed by Governor on March 28, 2018 Session Law Chapter 351 Effective: Retroactive to 01/01/2018 (on 03/28/2018)
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/H0675/ |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2018/legislation/H0675.pdf |
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