Print Friendly SENATE BILL NO. 1385 – Rehab facility foundation/donations
SENATE BILL NO. 1385
View Daily Data Tracking History
View Bill Text
View Statement of Purpose / Fiscal Impact
Text to be added within a bill has been marked with Bold and
Underline. Text to be removed has been marked with
Strikethrough and Italic. How these codes are actually displayed will
vary based on the browser software you are using.
This sentence is marked with bold and underline to show added text.
This sentence is marked with strikethrough and italic, indicating
text to be removed.
S1385......................................................by STATE AFFAIRS
REHABILITATION FACILITIES - Amends existing law to provide that the income
tax credit available for contributions to certain rehabilitation facilities
shall also apply to foundations of those facilities.
02/03 Senate intro - 1st rdg - to printing
02/04 Rpt prt - to Loc Gov
02/10 Rpt out - rec d/p - to 2nd rdg
02/11 2nd rdg - to 3rd rdg
02/17 3rd rdg - PASSED - 34-0-1
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, Riggs, Risch, Sandy, Schroeder, Stennett, Sweeney,
Thorne, Twiggs, Wheeler, Whitworth
Absent and excused--Sorensen
Floor Sponsors - Hansen, Richardson
Title apvd - to House
02/18 House intro - 1st rdg - to Rev/Tax
03/13 Rpt out - rec d/p - to 2nd rdg
03/16 2nd rdg - to 3rd rdg
03/17 3rd rdg - PASSED - 67-1-2
AYES -- Alltus, Barraclough, Barrett, Bell, Bieter, Bivens,
Black(15), Boe, Bruneel, Callister, Campbell, Chase, Clark, Crane,
Crow, Cuddy, Deal, Denney, Ellsworth, Field(13), Field(20), Gagner,
Geddes, Gould, Hadley, Henbest, Hornbeck, Jaquet, Jones(9),
Jones(22), Jones(20), Judd, Kellogg, Kempton, Kendell, Kjellander,
Kunz, Lake, Linford, Loertscher, Mader, Marley, McKague, Miller,
Mortensen, Newcomb, Pischner, Pomeroy, Reynolds, Richman, Ridinger,
Robison, Sali, Schaefer, Stevenson, Stoicheff, Stone, Stubbs, Taylor,
Tilman, Tippets, Trail, Watson, Wheeler, Wood, Zimmermann, Mr Speaker
NAYS -- Black(23)
Absent and excused -- Hansen, Meyer,
Floor Sponsor - Hansen
Title apvd - to Senate
03/18 To enrol
03/19 Rpt enrol - Pres signed - Sp signed
03/20 To Governor
03/20 Governor signed
Session Law Chapter 183
|||| LEGISLATURE OF THE STATE OF IDAHO ||||
Fifty-fourth Legislature Second Regular Session - 1998
IN THE SENATE
SENATE BILL NO. 1385
BY STATE AFFAIRS COMMITTEE
1 AN ACT
2 RELATING TO INCOME TAX CREDIT FOR REHABILITATION FACILITIES; AMENDING SECTION
3 63-3029C, IDAHO CODE, TO PROVIDE THAT THE INCOME TAX CREDIT AVAILABLE FOR
4 CONTRIBUTIONS TO CERTAIN REHABILITATION FACILITIES SHALL ALSO APPLY TO
5 FOUNDATIONS OF THOSE FACILITIES.
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 or its foundation , to the Idaho
15 youth ranch or its foundation , to the north Idaho childrens' home
16 or its foundation , or to a nonprofit rehabilitation facility
17 located within the state of Idaho or its foundation .
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.
STATEMENT OF PURPOSE
The purpose of this legislation is to provide an
amendment to Section 63-3029C, Idaho Code, to allow individual
and corporate donations given to each of the Rehabilitation
Facility Foundations to qualify for an Idaho Income Tax
Credit. When the original legislation was first enacted, it
did not provide for donations to the respective entity's
foundations and was not a consideration at the time.
By including these foundations in the law, there would
be no significant increase in the fiscal impact.
CONTACT: Senator John Hansen
STATEMENT OF PURPOSE/FISCAL NOTE
Bill No. S 1385