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ID H0359

Bill

Official Source

Status

Introduced

1/12/2012

Primary Sponsor

Revenue and Taxation Committee

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Clarifies that nonresident college students enrolled full-time in accredited Idaho postsecondary institutions may use motor vehicles registered in their state of residence without paying Idaho use tax
  • Requires the motor vehicle to have been acquired at least 90 days prior to the student's enrollment in the Idaho institution
  • Requires the vehicle to be used primarily outside Idaho and not required to be registered or licensed under Idaho law
  • Applies the exemption to vehicles owned by nonresident students or their parents
  • Modifies Section 63-3621, Idaho Code, regarding use tax exemptions and imposition rates of 6% on tangible personal property

Legislative Description

Amends existing law to clarify the exemption from use tax for certain motor vehicles used by nonresident college students in this state.

SALES AND USE TAX

Last Action

to Rev/Tax

1/13/2012

Committee Referrals

Revenue and Taxation1/13/2012

Full Bill Text

No bill text available