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ID H0719
Bill
Status
3/21/2018
Primary Sponsor
Ways and Means Committee
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AI Summary
HB 719 Summary
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Clarifies that one percent (1%) of sales tax revenue is distributed to the Transportation Expansion and Congestion Mitigation Program established in section 40-720, Idaho Code, after reducing amounts required by sections 63-3203 and 63-3709 but before deducting other distribution amounts.
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Specifies that the distribution to the Transportation Expansion and Congestion Mitigation Program must immediately follow the distribution provided in subsection (10) of section 63-3638, Idaho Code.
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Clarifies that special purpose taxing districts shall use funds received under subsection (10)(d) only for the purposes for which the special purpose taxing districts were formed.
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Makes technical corrections to the water pollution control account fund language, changing "account" to "fund" for consistency.
Legislative Description
Amends existing law to clarify the distribution process for sales tax revenue to the Transportation and Congestion Mitigation Program and to clarify the uses that may be made of certain funds by special purpose taxing districts.
SALES TAX
Last Action
Reported Printed and Referred to Revenue & Taxation
3/22/2018