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ID S1301

Bill

Status

Passed

3/13/2014

Primary Sponsor

Local Government and Taxation Committee

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Origin

Senate

2014 Regular Session

AI Summary

  • Adds Section 63-3022S to Idaho Code to allow individuals who received federal joint and several liability relief from the Internal Revenue Service to have that relief recognized by the Idaho State Tax Commission for state income tax purposes

  • Requires the State Tax Commission to promulgate rules necessary to implement the relief provisions

  • Declares an emergency and makes the act effective retroactively to January 1, 2014

Legislative Description

Adds to existing law to provide for relief from joint and several liability on a joint income tax return for the state if certain conditions occur, to provide procedures and to provide for rules.

INCOME TAXATION

Last Action

Signed by Governor on 03/13/14 Session Law Chapter 85 Effective: 01/01/2014

3/13/2014

Committee Referrals

Judiciary and Rules2/6/2014

Full Bill Text

No bill text available