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ID H0381

Bill

Official Source

Status

Passed

2/15/2018

Primary Sponsor

Revenue and Taxation Committee

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Origin

House of Representatives

2018 Regular Session

AI Summary

  • Amends Section 63-3022U, Idaho Code, regarding deductions for certain charitable contributions.
  • Corrects the code reference for part-year residents and nonresidents from section 63-3026A(46) to determine the allowable deduction amount.
  • Changes language from "reduce its" to "reduce a" charitable contribution deduction under Internal Revenue Code sections 170(d)(1)(B) or 170(d)(2)(B).
  • Clarifies that this deduction does not apply to calculations set forth in section 63-3022L, Idaho Code.

Legislative Description

Amends existing law to provide a correct code reference regarding charitable contribution deduction calculations for part-year residents or nonresidents.

INCOME TAXES

Last Action

Reported Signed by Governor on February 15, 2018 Session Law Chapter 5 Effective: 07/01/2018

2/15/2018

Committee Referrals

Local Government and Taxation1/30/2018
Revenue and Taxation1/24/2018

Full Bill Text

No bill text available