View Bill Status
View Bill Text
View Statement of Purpose / Fiscal Impact
H0471...............................................by REVENUE AND TAXATION INCOME TAX - Amends existing law to delete the provision extending the payment due date from state income taxes when the date to file returns is extended; and to provide that the payment of any balance of tax is due on the earlier of the extended due date or the date the income tax return is filed. 01/25 House intro - 1st rdg - to printing 01/26 Rpt prt - to Rev/Tax 02/14 Rpt out - rec d/p - to 2nd rdg 02/15 2nd rdg - to 3rd rdg 02/21 3rd rdg - PASSED - 69-0-1 AYES -- Anderson, Andrus, Barraclough, Barrett, Bastian, Bayer, Bedke, Bell, Bilbao, Black, Block, Boe, Bolz, Brackett, Bradford, Cannon, Chadderdon, Clark, Collins, Crow, Deal, Denney, Edmunson, Ellsworth, Eskridge, Field(18), Field(23), Garrett, Hart, Harwood, Henbest, Henderson, Jaquet, Kemp, Lake, LeFavour, Loertscher, Martinez, Mathews, McGeachin, McKague, Miller, Mitchell, Moyle, Nielsen, Nonini, Pasley-Stuart, Pence, Raybould, Ring, Ringo, Roberts, Rusche, Rydalch, Sali(Sali), Sayler, Schaefer, Shepherd(2), Shepherd(8), Shirley, Skippen, Smith(30), Smith(24), Smylie, Snodgrass, Stevenson, Trail, Wills, Wood NAYS -- None Absent and excused -- Mr. Speaker Floor Sponsor - Collins Title apvd - to Senate 02/22 Senate intro - 1st rdg - to Loc Gov 03/02 Rpt out - rec d/p - to 2nd rdg 03/03 2nd rdg - to 3rd rdg 03/07 3rd rdg - PASSED - 33-0-2 AYES -- Andreason, Brandt, Broadsword, Bunderson, Burkett, Cameron, Coiner, Compton, Corder, Darrington, Davis, Fulcher, Gannon, Geddes, Goedde, Hill, Jorgenson, Kelly, Keough, Langhorst, Little, Lodge, Malepeai, Marley, McGee, McKenzie, Richardson, Schroeder, Stegner, Stennett, Sweet, Werk, Williams NAYS -- None Absent and excused -- Burtenshaw, Pearce Floor Sponsor - Corder Title apvd - to House 03/08 To enrol 03/09 Rpt enrol - Sp signed 03/10 Pres signed 03/13 To Governor 03/14 Governor signed Session Law Chapter 56 Effective: 07/01/06
]]]] LEGISLATURE OF THE STATE OF IDAHO ]]]] Fifty-eighth Legislature Second Regular Session - 2006IN THE HOUSE OF REPRESENTATIVES HOUSE BILL NO. 471 BY REVENUE AND TAXATION COMMITTEE 1 AN ACT 2 RELATING TO INCOME TAXES; AMENDING SECTION 63-3033, IDAHO CODE, TO DELETE THE 3 PROVISION EXTENDING THE PAYMENT DUE DATE WHEN THE DATE TO FILE RETURNS IS 4 EXTENDED AND TO PROVIDE THAT THE PAYMENT OF ANY BALANCE OF TAX IS DUE ON 5 THE EARLIER OF THE EXTENDED DUE DATE OR THE DATE THE RETURN IS FILED. 6 Be It Enacted by the Legislature of the State of Idaho: 7 SECTION 1. That Section 63-3033, Idaho Code, be, and the same is hereby 8 amended to read as follows: 9 63-3033. EXTENSION OF TIME. (a) Taxpayers shall have an automatic exten- 10 sion of time for filing any return, declaration, statement or other document,11or paymentrequired by this chapter for a period of six (6) months if on or 12 before the unextended due date the taxpayer has paid at least eighty percent 13 (80%) of the total tax due on the income tax return when it is filed, or the 14 total tax due on the income tax return for the prior year if a return was 15 filed for the prior year. 16 (b) If, on the unextended due date, the payment required to meet the pro- 17 visions of subsection (a) of this section, after consideration of any previous 18 credits or payments applicable to the return, is fifty dollars ($50.00) or 19 less, such payment shall not be required in order to qualify for the exten- 20 sion. However, interest shall accrue as provided in subsection (f) of this 21 section. Payment of any balance of tax is due on the earlier of the extended 22 due date or the date the return is filed. 23 (c) Taxpayers residing outside any of the United States and Puerto Rico 24 (including persons in military or naval service) shall have an automatic 25 extension of time within which to file income tax returns with this state for 26 a period which shall expire on the fifteenth day of the sixth month following 27 the close of their taxable year. 28 (d) Individuals who are entitled to extensions for filing federal income 29 tax returns as a result of the application of the provisions of sections 911 30 and 7508 of the Internal Revenue Code, shall be entitled to extensions of time 31 for the same period for filing income tax returns with the state of Idaho sub- 32 ject to the requirements imposed in implementation of the indicated sections. 33 (e) Any taxpayer entitled to an extension under subsection (c) or (d) of 34 this section shall attach a statement to his return claiming his right to the 35 extension. 36 (f) If the amount of payment made under subsection (a) of this section is 37 less than eighty percent (80%) of the total tax due under the provisions of 38 this chapter and is less than the amount of the total tax due on the income 39 tax return for the prior year, except as permitted by subsection (b) of this 40 section, a penalty may be applied to the total of the balance due unless rea- 41 sonable cause can be established. The penalty shall be: 42 (1) If the taxes for the taxable year are paid on or before the extended 43 due date, two percent (2%) per month from the original due date to the 2 1 date of payment. 2 (2) If the taxes for the taxable year are not paid on or before the 3 extended due date, the penalty provided in section 63-3046(c), Idaho Code, 4 from the original due date. 5 (g) In all cases of an extension of time in which to file any return, 6 interest shall be paid on any tax due from the original due date to date of 7 payment at the rate provided in section 63-3045, Idaho Code.
STATEMENT OF PURPOSE RS 15372 This bill provides that for taxpayers who qualify for an extension of time to file their Idaho individual income tax returns, the due date to pay taxes due on the return when filed is the earlier of the extended due date or at the time the return is filed. FISCAL NOTE None. CONTACT Name: Dan John Agency: State Tax Commission Phone: 334-7530 STATEMENT OF PURPOSE/FISCAL NOTE H 471