House Bill 60 - Use Tax Amendments

• Imposes a 6% excise tax on storage, use, or consumption of tangible personal property acquired on or after October 1, 2006, with recent sales price as presumptive evidence of value (conclusive for wireless telecommunications equipment).

• Changes the presumption period for household goods and personal effects from 3 months to 90 days; property acquired less than 90 days before entering Idaho is presumed for Idaho use rather than out-of-state use.

• Extends the 90-day presumption period to active duty military personnel and spouses temporarily assigned to Idaho, replacing the previous 3-month standard.

• Adds new exemptions: donations of tangible property to nonprofit organizations, state, or political subdivisions; tastings of food and beverages at retail locations; donations of food and beverages to individuals or nonprofits; and prepared food/beverages supplied free by retailers to their employees.

• Declares an emergency and makes the amendments retroactively effective to January 1, 2023.