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ID H0021

Bill

Official Source

Status

Passed

2/16/2023

Primary Sponsor

Revenue and Taxation Committee

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Origin

House of Representatives

2023 Regular Session

AI Summary

  • Updates Idaho Code Section 63-3004 to reference the Internal Revenue Code as amended and in effect on January 1, 2023, instead of January 1, 2022.

  • Maintains the existing exceptions that Internal Revenue Code sections 85 and 461(l) continue to be applied as in effect on January 1, 2020.

  • Declares an emergency and provides for retroactive application to January 1, 2023.

Legislative Description

Amends existing law to revise the definition of “Internal Revenue Code.”

TAXATION

Last Action

Reported Signed by Governor on February 15, 2023 Session Law Chapter 1 Effective: Retroactive to 01/01/2023

2/16/2023

Committee Referrals

Local Government and Taxation1/27/2023

Full Bill Text

No bill text available