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ID H0516

Bill

Official Source

Status

Introduced

2/7/2018

Primary Sponsor

Revenue and Taxation Committee

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

  • Exempts 50% of the sale value from sales and use taxes for qualified vehicles registered in Idaho
  • Defines "qualified vehicle" as newly purchased motor vehicles propelled by natural gas (liquid or gaseous), propane, or plug-in electricity with a battery capacity of at least 4 kilowatt hours rechargeable from an external source
  • Limits exemption to the original purchase only and restricts use to one exemption per qualified vehicle
  • Exemption becomes void and unenforceable on December 31, 2023
  • Exemption cannot be applied if the qualified vehicle is sold or transferred to a new owner

Legislative Description

Adds to existing law to provide a partial sales and use tax exemption for qualified vehicles, to provide a definition of “qualified vehicle” and to provide limitations.

SALES TAX

Last Action

Reported Printed and Referred to Revenue & Taxation

2/9/2018

Committee Referrals

Revenue and Taxation2/9/2018

Full Bill Text

No bill text available