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ID H0348
Bill
Status
2/18/2016
Primary Sponsor
Revenue and Taxation Committee
Click for details
AI Summary
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Amends Section 63-3622R, Idaho Code, to modify the definition of "vessel" for sales tax exemption purposes.
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Paddleboards are now taxable to nonresidents even if used outside of Idaho, unless sold together with a motor.
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Canoes, kayaks, and inflatable boats remain exempt from taxation unless sold together with a motor.
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The exemption for vessel sales to nonresidents applies only when the vessel is taken directly out-of-state, registered in another state, and not used in Idaho for more than 60 days in any 12-month period.
Legislative Description
Amends existing law to add paddleboards and similar vessels to the list of watercraft that are taxable to nonresident purchasers.
SALES AND USE TAX
Last Action
Reported Signed by Governor on February 18, 2016 Session Law Chapter 11 Effective: 07/01/2016
2/18/2016