ID H0792

Amends Section 63-3622K to update occasional sales tax exemptions, including a provision allowing homeowners with more than two yard sales but less than $5,000 in total annual sales to qualify as small sellers

Redesignates the small seller exemption from Section 63-3622XX to 63-3622YY, defining "small seller" as an Idaho resident with cumulative gross receipts not exceeding $5,000 in the current calendar year (removing reference to previous year)

Requires small sellers exceeding $5,000 in gross receipts to apply for a temporary seller's permit within 30 days and collect sales tax on all sales above $5,000; those exceeding $7,500 must collect tax retroactively on all sales over $5,000

Excludes motor vehicles, trailers, ATVs, aircraft, vessels, alcohol, tobacco, and items purchased for resale from the small seller exemption; partnerships, corporations, and LLCs do not qualify as small sellers

Declares an emergency effective date of July 1, 2026