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ID H0530
Bill
Status
3/18/2014
Primary Sponsor
Revenue and Taxation Committee
Click for details
AI Summary
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Amends Idaho Code Section 63-3621 to exempt donations of food or beverages (or both) from use tax when given to individuals or nonprofit organizations.
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Defines "nonprofit organization" for purposes of this exemption as nonprofit entities currently registered with the Idaho Secretary of State pursuant to Section 30-3-2, Idaho Code.
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Also exempts tastings of food and beverages (including wine and beer) from use tax when provided at no charge to potential customers at locations where similar beverages are sold.
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Declares an emergency, making the act effective upon passage and approval rather than waiting for a standard effective date.
Legislative Description
Amends existing law to provide that the state use tax shall not apply to donations of food or beverages, or both, to individuals or nonprofit organizations and to define a "nonprofit organization" as those nonprofit entities currently registered with the Secretary of State.
USE TAX
Last Action
Reported Signed by Governor on March 18, 2014 Session Law Chapter 113 Effective: 03/18/2014
3/18/2014