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H0732...............................................by REVENUE AND TAXATION
CHILDREN'S HOME SOCIETY OF IDAHO - DONATIONS - Amends existing law to
provide an income tax credit for charitable contributions to the Children's
Home Society of Idaho.
02/16 House intro - 1st rdg - to printing
02/17 Rpt prt - to Rev/Tax
02/20 Rpt out - rec d/p - to 2nd rdg
02/23 2nd rdg - to 3rd rdg
02/26 3rd rdg - PASSED - 67-0-3
AYES -- Alltus, Barraclough, Barrett, Bell, Bieter, Bivens,
Black(15), Black(23), Boe, Bruneel, Callister, Campbell, Clark, Crow,
Cuddy, Deal, Denney, Ellsworth, Field(13), Field(20), Gagner, Geddes,
Gould, Hadley, Hansen, Henbest, Hornbeck, Jaquet, Jones(9),
Jones(22), Jones(20), Judd, Kellogg, Kempton, Kendell, Kjellander,
Kunz, Lake, Linford, Loertscher, Mader, Marley, McKague, Meyer,
Miller, Mortensen, Newcomb, Pischner, Pomeroy, Reynolds, Richman,
Ridinger, Robison, Sali, Schaefer, Stevenson, Stoicheff, Stone,
Stubbs, Taylor, Tilman, Tippets, Trail, Watson, Wheeler, Zimmermann,
Mr Speaker
NAYS -- None
Absent and excused -- Chase, Crane, Wood
Floor Sponsor - Bruneel
Title apvd - to Senate
02/27 Senate intro - 1st rdg - to Loc Gov
03/03 Rpt out - rec d/p - to 2nd rdg
03/04 2nd rdg - to 3rd rdg
03/16 3rd rdg - PASSED - 32-0-3
AYES--Andreason, Boatright, Branch, Bunderson, Burtenshaw, Cameron,
Crow, Danielson, Darrington, Deide, Dunklin, Frasure, Geddes, Hansen,
Hawkins, Ingram, Ipsen, Keough, King, Lee, McLaughlin, Noh, Parry,
Richardson, Risch, Sandy, Schroeder, Sorensen, Sweeney, Thorne,
Wheeler, Whitworth
NAYS--None
Absent and excused--Riggs, Stennett, Twiggs
Floor Sponsor - Branch
Title apvd - to House
03/17 To enrol
03/17 Rpt enrol - Sp signed
03/18 Pres signed - to Governor
03/20 Governor signed
Session Law Chapter 131
Effective: 01/01/98
H0732|||| LEGISLATURE OF THE STATE OF IDAHO |||| Fifty-fourth Legislature Second Regular Session - 1998IN THE HOUSE OF REPRESENTATIVES HOUSE BILL NO. 732 BY REVENUE AND TAXATION COMMITTEE 1 AN ACT 2 RELATING TO INCOME TAX CREDIT; AMENDING SECTION 63-3029C, IDAHO CODE, TO PRO- 3 VIDE INCOME TAX CREDITS FOR CHARITABLE CONTRIBUTIONS MADE TO THE 4 CHILDREN'S HOME SOCIETY OF IDAHO, INC. AND TO MAKE A TECHNICAL CORRECTION; 5 DECLARING AN EMERGENCY AND PROVIDING APPLICATION. 6 Be It Enacted by the Legislature of the State of Idaho: 7 SECTION 1. That Section 63-3029C, Idaho Code, be, and the same is hereby 8 amended to read as follows: 9 63-3029C. INCOME TAX CREDIT FOR REHABILITATION FACILITIES -- LIMITATION. 10 At the election of the taxpayer, there shall be allowed, subject to the appli- 11 cable limitations provided herein, as a credit against the income tax imposed 12 by chapter 30, title 63, Idaho Code, an amount equal to fifty percent (50%) of 13 the aggregate amount of charitable contributions made by such taxpayer during 14 the year to the anchor house, to the children's home society of Idaho, 15 inc., to the Idaho youth ranch, to the north Idaho children ' 16 s'home, or to a nonprofit rehabilitation facility located 17 within the state of Idaho. 18 (1) In the case of a taxpayer other than a corporation, the amount allow- 19 able as a credit under this section for any taxable year shall not exceed 20 twenty percent (20%) of such taxpayer's total income tax liability imposed by 21 section 63-3024, Idaho Code, for the year, or one hundred dollars ($100), 22 whichever is less. 23 (2) In the case of a corporation, the amount allowable as a credit under 24 this section for any taxable year shall not exceed ten percent (10%) of such 25 corporation's total income or franchise tax liability imposed by sections 26 63-3025 and 63-3025A, Idaho Code, for the year, or five hundred dollars 27 ($500), whichever is less. 28 For the purposes of this section, "nonprofit rehabilitation facility" 29 means only a facility that is accredited by the commission on accreditation of 30 rehabilitation facilities. 31 SECTION 2. An emergency existing therefor, which emergency is hereby 32 declared to exist, this act shall be in full force and effect on and after its 33 passage and approval and shall apply to contributions made during and after 34 tax year 1998.
STATEMENT OF PURPOSE
RS 08070
This bill modifies existing Section 63-3029C, Idaho Code, to add the
Children's Home Society of Idaho, Inc to the list of entities for which a
credit on Idaho income taxes can be given in the amount of fifty percent
of the charitable contribution. The current statute lists the Idaho Youth
Ranch, the North Idaho Children's home, and any "non-profit
rehabilitation facility located within the State of Idaho". The
"Children's Home Finding and Aid Society of Idaho" was founded, by a
combination of State and private funds, in 1908 and properties were
thereafter purchased in Lewiston and Boise, In 1935, the North Idaho
Children's Home was split off into its own separate entity, and the Boise
property became the Children's Home Society of Idaho, Inc. For some
reason, however, this entity was not placed in Section 63-3029C by name,
although the generic phrase "non-profit rehabilitation facility located
within the State of Idaho" was believed to cover the Society. However,
this has been placed in question, and a direct reference will clarify.
This is a clarification, since the Society clearly fits within the same
purpose as the other entities listed by name, and the North Idaho Home
was once part of the Society.
FISCAL NOTE
This bill should have no fiscal impact; it simply clarifies the
existing law.
CONTACT: Rep Frank Bruneel
Phone:332-1000
Robert L Aldridge
336-9880
Darin A DeAngeli
395-0001
H 732