ID H0755

Legislative Services Office must conduct annual reviews of all sales tax exemptions and report recommendations to the Senate Local Government and Taxation Committee, House Revenue and Taxation Committee, and Joint Finance-Appropriations Committee by February 1 each year

All sales tax exemptions must be reviewed within every 5-year period, with reviews analyzing original public purpose, revenue impact if repealed, affected taxpayers, public benefits/detriments, out-of-state beneficiaries, and adverse impacts

Sales tax exemptions enacted on or after January 1, 2026, expire 10 years after their effective date or July 1, 2027 (whichever is later), unless extended by the legislature

Sales tax exemptions enacted before January 1, 2026, expire 10 years after their effective date or July 1, 2031 (whichever is later), unless extended by the legislature

The exemption in section 63-3622C is excluded from the automatic expiration provisions; the State Tax Commission and Idaho Department of Commerce must provide requested non-privileged information to support the reviews