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ID S1047
Bill
Status
4/4/2013
Primary Sponsor
Local Government and Taxation Committee
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AI Summary
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Adds new Idaho Code Section 63-3060A establishing continuous execution on individual earnings for state tax liabilities, allowing garnishment to continue until the tax debt is fully satisfied or released by the state tax commission.
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Limits garnishment of earnings to a maximum of 25% of gross taxable earnings, or 10% if the federal government is also garnishing the same individual's earnings.
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Extends the collection period for state taxes from 6 years to 12 years from the date of entry of the record of assessment.
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Makes a technical correction to Idaho Code Section 63-3068 regarding pass-through entity terminology, changing "S-corporation" to "S corporation."
Legislative Description
Amends existing law to limit the amount of a garnishment for payment of state and federal income taxes, penalties and interest.
INCOME TAX
Last Action
Became law without Governor's signature on 04/02/13 Session Law Chapter 244 Effective: 07/01/13
4/4/2013