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ID H0337
Bill
Status
3/27/2013
Primary Sponsor
Transportation and Defense Committee
Click for details
AI Summary
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Imposes an additional 1% sales and use tax on the same transactions taxed under existing Idaho sales and use tax law, effective July 1, 2013 through June 30, 2018
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Tax is collected using the same time, manner, and administrative procedures as existing sales and use taxes under Idaho Code sections 63-3619 and 63-3621
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All revenue from the additional tax, including interest and penalties, is deposited into the highway distribution account rather than following standard tax distribution provisions
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Tax automatically expires and becomes void on July 1, 2018, making this a five-year temporary tax increase
Legislative Description
Adds to existing law to impose an additional one percent sales and use tax for five years with the proceeds to go to the Highway Distribution Account.
SALES AND USE TAX
Last Action
Reported Printed and Referred to Transportation & Defense
3/28/2013