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ID H0157
Bill
Status
3/4/2013
Primary Sponsor
Revenue and Taxation Committee
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AI Summary
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Exempts donations to, sales to, and purchases by homeless shelters from Idaho sales and use tax from July 1, 2013, to June 30, 2015.
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Applies only to private nonprofit organizations that are tax exempt under Internal Revenue Code Section 501(c)(3) and provide temporary shelter or food to the economically disadvantaged.
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Adds homeless shelter exemption as subsection (m) to existing Section 63-3622O of Idaho Code listing other exempt private and public organizations.
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Makes technical corrections to existing exemption language, changing "which" to "that" in description of nonprofit organizations and adding commas for clarity.
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Exemption is temporary and limited to the two-year period specified, after which homeless shelter donations and purchases would be subject to sales and use tax again.
Legislative Description
Amends existing law relating to tax exemptions to provide that donations to, sales to and purchases by federally tax exempt homeless shelters and that provide temporary shelter or food to the economically disadvantaged are exempted from the sales and use tax for a time certain.
SALES AND USE TAX
Last Action
Introduced, read first time; referred to: Local Government & Taxation
3/5/2013