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ID H0385
Bill
Status
Passed
2/2/2024
Primary Sponsor
Revenue and Taxation Committee
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AI Summary
House Bill 385 Summary
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Updates Idaho Code Section 63-3004 to reference the Internal Revenue Code as amended and in effect on January 1, 2024, instead of January 1, 2023
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Maintains an exception that Internal Revenue Code section 85 continues to be applied as in effect on January 1, 2020
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Declares an emergency and provides retroactive application to January 1, 2024
Legislative Description
Amends existing law to revise the definition of “Internal Revenue Code.”
TAXATION
Last Action
Reported Signed by Governor on February 1, 2024 Session Law Chapter 1 Effective: Retroactive to 01/01/2024
2/2/2024
Committee Referrals
Local Government and Taxation1/18/2024
Revenue and Taxation1/11/2024
Full Bill Text
No bill text available