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ID H0687

Bill

Status

Passed

4/5/2012

Primary Sponsor

State Affairs Committee

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Amends Section 63-3077E, Idaho Code to authorize the State Tax Commission and State Treasurer to exchange information relating to persons, businesses, and potential owners of unclaimed property.

  • Permits the State Tax Commission to share taxpayer addresses and taxpayer identifying numbers with the unclaimed property program for internal administrative use only.

  • Requires all exchanged information to remain confidential to the recipient and restricts use to administering the unclaimed property act under Chapter 5, Title 14, Idaho Code.

  • Prohibits the shared information from being public unless used in a judicial proceeding arising under Idaho state law.

  • Declares an emergency, making the act effective immediately upon passage and approval.

Legislative Description

Amends existing law to authorize the release of taxpayer addresses and taxpayer identifying numbers from the State Tax Commission to the Unclaimed Property Program for internal use.

UNCLAIMED PROPERTY PROGRAM

Last Action

Governor signed Session Law Chapter 333 Effective: 04/05/12

4/5/2012

Committee Referrals

Local Government and Taxation3/23/2012

Full Bill Text

No bill text available