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ID H0462
Bill
Status
3/27/2025
Primary Sponsor
Revenue and Taxation Committee
Click for details
AI Summary
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Expands Idaho's existing adoption expense tax deduction to include legal fees and medical expenses for acquiring and transferring a donated embryo into the human body, provided it results in a live birth
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Maintains the existing $10,000 maximum deduction cap for combined legal fees and medical expenses (travel costs excluded)
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Allows deduction of embryo-related expenses incurred up to three years prior to the live birth, with the deduction claimed in the tax year the birth occurs
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Declares an emergency for immediate effect upon passage, with retroactive application to January 1, 2025
Legislative Description
Amends existing law to allow the income tax deduction of legal fees and medical expenses related to the acquisition of a donated embryo.
TAXATION
Last Action
Reported Printed and Referred to Revenue & Taxation
3/27/2025