ID H0719

Creates the Idaho Infrastructure and Facilities Investment Incentive Act of 2010, establishing an income tax credit equal to 20% of qualified investments in new infrastructure and facilities, effective January 1, 2011

Limits the credit to 50% of the taxpayer's tax liability after deducting credits under section 63-3029, with excess credits carried forward up to 7 succeeding taxable years

Defines qualified investments as new structural components of infrastructure and facilities for agricultural, timber, mining, transportation, telecommunication, residential development, and commercial or industrial purposes in Idaho, excluding residential housing units

Allows unused credits from one member of a combined corporate group to be used by another group member, and permits carryforward of credits by any group member unless the member who earned the credit leaves the group

Sunsets the law on January 1, 2016, and bars projects using this credit from claiming credits under sections 63-3029B, 63-3029M, 63-4403, and 63-4404