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ID H0016
Bill
Status
2/11/2019
Primary Sponsor
Revenue and Taxation Committee
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AI Summary
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Replaces the term "exemptions" with "allowances" throughout Idaho Code Section 63-3035 to align with current Internal Revenue Code terminology for employee withholding purposes.
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Updates references to "exemption allowance certificates" to "allowance certificates" to reflect standard federal tax withholding documentation terminology.
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Maintains all existing employer withholding requirements, payment schedules, and thresholds ($240,000 annually or $20,000 monthly) without substantive changes.
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Declares the act an emergency measure effective retroactively to January 1, 2019.
Legislative Description
Amends existing law to update terminology regarding employee withholding allowances and withholding allowance certificates.
INCOME TAX
Last Action
Reported Signed by Governor on February 11, 2019 Session Law Chapter 12 Effective: Retroactive to 01/01/2019
2/11/2019