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ID H0214
Bill
AI Summary
House Bill 214 Summary
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Amends Idaho Code Section 63-3621 to exempt nonresident students from use tax on motor vehicles registered or licensed in their home state while enrolled as full-time students at Idaho postsecondary institutions.
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The exemption applies only to institutions that are physically located in Idaho and recognized as accredited by the State Board of Education.
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Maintains existing use tax rate of 6% on tangible personal property acquired on or after October 1, 2006, with the student vehicle exemption as an addition to existing exemptions.
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Declares an emergency and provides retroactive application to January 1, 2011.
Legislative Description
Amends existing law to provide the use tax shall not apply to any use of a motor vehicle which is registered or licensed under the laws of the state of residence of a nonresident student while such nonresident student is enrolled as a full-time student in an institution of postsecondary education that is both physically located in Idaho and recognized as accredited by the State Board of Education.
USE TAX
Last Action
Governor signed Session Law Chapter 278 Effective: 01/01/11
4/11/2011