House Bill 165 Summary

• Repeals previous sections 63-3067A and 63-3067B and creates a new section 63-3067A allowing Idaho taxpayers to designate all or part of their income tax refund or include a donation with their tax payment to seven specified trust accounts.

• Authorized trust accounts include the fish and game set-aside account, children's trust fund, special olympics Idaho fund, Idaho guard and reserve family support fund, Idaho food bank fund, veterans support fund, and American red cross of greater Idaho fund.

• State tax commission retains $3,000 from each account for start-up costs in the first year, then $3,000 or 20% of remitted moneys (whichever is less) annually for administration costs.

• Designations automatically expire when an account fails to receive $250,000 for two consecutive calendar years; state tax commission must notify the appropriate agency after the first year of failure and report annually to the house revenue and taxation committee on accounts failing to meet the threshold.

• Bill becomes effective January 1, 2019 retroactively and amends related sections in community forestry and veterans support fund statutes to remove obsolete language and code references.