Idaho House Bill 648 (Prior Session Legislation)

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Spectrum: Committee Bill
Status: Introduced on March 24 2016 - 25% progression, died in chamber
Action: 2016-03-24 - Reported Printed and Referred to Revenue & Taxation
Text: Latest bill text (Introduced) [PDF]

TAX RELIEF - Repeals, amends and adds to existing law to provide for the transfer of funds to the Tax Relief Fund, to provide for its uses and to provide for exceptions, to provide for a reduction in certain income tax rates under certain circumstances; to provide for transfers from the Budget Stabilization Fund to the Tax Relief Fund; and to provide for the annual legislative review of income and sales tax exemptions, deductions and credits, and to further provide for transfers to the Tax Relief Fund.

Repeals, amends and adds to existing law to provide for the transfer of funds to the Tax Relief Fund, to provide for its uses and to provide for exceptions, to provide for a reduction in certain income tax rates under certain circumstances; to provide for transfers from the Budget Stabilization Fund to the Tax Relief Fund; and to provide for the annual legislative review of income and sales tax exemptions, deductions and credits, and to further provide for transfers to the Tax Relief Fund.

House Revenue and Taxation Committee

Date	Chamber	Action
2016-03-24	House	Reported Printed and Referred to Revenue & Taxation
2016-03-24	House	Introduced, read first time, referred to JRA for Printing

Type	Source
Summary	http://www.legislature.idaho.gov/legislation/2016/H0648.htm
Text	http://www.legislature.idaho.gov/legislation/2016/H0648.pdf