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ID S1202
Bill
Status
1/15/2014
Primary Sponsor
Commerce and Human Resources Committee
Click for details
AI Summary
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Amends Section 59-1306, Idaho Code to add references to 26 U.S.C. sections 401(a)(36) and (37) as requirements for Public Employee Retirement System compliance with federal tax code.
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Removes archaic reference to the January 1, 1989 effective date and clarifies that the chapter remains in effect only as long as federal conformity is required.
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Specifies that for Idaho income tax purposes, a marriage must be valid or recognized under the Idaho Constitution Article III Section 28, Section 32-201, Idaho Code, or Section 32-209, Idaho Code.
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Declares all provisions of the act severable, meaning if any provision is invalidated, the remaining portions remain in effect.
Legislative Description
Amends existing law to provide additional references to the Internal Revenue Code and to clarify that a marriage must be valid and recognized by Idaho law.
PUBLIC EMPLOYEE RETIREMENT SYSTEM
Last Action
Reported Printed; referred to Commerce & Human Resources
1/16/2014