1999 Legislation
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HOUSE BILL NO. 362 – Income tax credit, Hope House

HOUSE BILL NO. 362

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Daily Data Tracking History



H0362...............................................by REVENUE AND TAXATION
INCOME TAX - CREDITS - Amends existing law to add the Hope House, Inc., or
its foundation, as a qualifying entity for contributions that qualify for a
state income tax credit.

03/10    House intro - 1st rdg - to printing
03/11    Rpt prt - to 2nd rdg
03/12    2nd rdg - to 3rd rdg
    Rules susp - PASSED - 62-0-8
      AYES -- Alltus, Barraclough(Barraclough), Barrett, Bieter, Black,
      Boe, Bruneel, Callister, Campbell, Chase, Clark, Crow, Cuddy, Deal,
      Denney, Ellsworth, Field(13), Field(20), Gagner, Geddes, Hadley,
      Hammond, Hansen(29), Henbest, Hornbeck, Jaquet, Jones, Judd, Kellogg,
      Kempton, Kendell, Kunz, Lake, Linford, Loertscher, Mader, Marley,
      McKague, Montgomery, Mortensen, Moyle, Pischner, Reynolds, Ridinger,
      Ringo, Robison, Sali, Schaefer, Sellman, Smith, Smylie, Stevenson,
      Stoicheff, Stone, Taylor, Tilman, Trail, Watson, Wheeler, Williams,
      Wood, Zimmermann
      NAYS -- None
      Absent and excused -- Bell, Gould, Hansen(23), Limbaugh, Meyer,
      Pomeroy, Tippets, Mr Speaker
    Floor Sponsor - Crow
    Title apvd - to Senate
03/15    Senate intro - 1st rdg - to Loc Gov
03/16    Rpt out - rec d/p - to 2nd rdg
03/17    2nd rdg - to 3rd rdg
    Rules susp - PASSED - 34-0-1
      AYES--Andreason, Boatright, Branch, Bunderson, Burtenshaw, Cameron,
      Crow, Danielson, Darrington, Davis, Deide, Dunklin, Frasure, Geddes,
      Hawkins, Ingram, Ipsen, Keough, King, Lee, McLaughlin, Noh,
      Richardson, Riggs, Risch, Sandy, Schroeder, Sorensen, Stegner,
      Stennett, Thorne, Twiggs, Wheeler, Whitworth
      NAYS--None
      Absent and excused--Parry
    Floor Sponsor - Thorne
    Title apvd - to House
03/18    To enrol
03/19    Rpt enrol - Sp signed - Pres signed
03/23    To Governor
03/24    Governor signed
         Session Law Chapter 257
         Effective: 01/01/99

Bill Text


H0362


                                                                        
 ||||              LEGISLATURE OF THE STATE OF IDAHO             ||||
Fifty-fifth Legislature                 First Regular Session - 1999
                                                                        

                             IN THE HOUSE OF REPRESENTATIVES

                                    HOUSE BILL NO. 362

                            BY REVENUE AND TAXATION COMMITTEE

 1                                        AN ACT
 2    RELATING TO INCOME TAX CREDITS; AMENDING SECTION 63-3029C, IDAHO CODE, TO  ADD
 3        THE HOPE HOUSE, INC. OR ITS FOUNDATION AS AN ENTITY QUALIFYING FOR CONTRI-
 4        BUTIONS ELIGIBLE FOR A STATE INCOME TAX CREDIT; DECLARING AN EMERGENCY AND
 5        PROVIDING RETROACTIVE 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 or its foundation, to the children's home society
15    of  Idaho, inc., to the Idaho youth ranch or its foundation,  to the hope
16    house, inc. or its foundation,  to the north Idaho  children's  home  or
17    its foundation, to a center for independent living located within the state of
18    Idaho,  or  to a nonprofit rehabilitation facility located within the state of
19    Idaho or its foundation.
20        (1)  In the case of a taxpayer other than a corporation, the amount allow-
21    able as a credit under this section for any  taxable  year  shall  not  exceed
22    twenty  percent (20%) of such taxpayer's total income tax liability imposed by
23    section 63-3024, Idaho Code, for the year,  or  one  hundred  dollars  ($100),
24    whichever is less.
25        (2)  In  the case of a corporation, the amount allowable as a credit under
26    this section for any taxable year shall not exceed ten percent (10%)  of  such
27    corporation's  total  income  or  franchise  tax liability imposed by sections
28    63-3025 and 63-3025A, Idaho Code,  for  the  year,  or  five  hundred  dollars
29    ($500), whichever is less.
30        (3)  For  the  purposes  of  this section, "center for independent living"
31    shall mean a private, nonprofit, nonresidential organization in which at least
32    fifty-one percent (51%) of the principal governing board, management and staff
33    are individuals with disabilities and that:
34        (a)  Is designed and operated within a local community by individuals with
35        disabilities;
36        (b)  Provides an array of independent living services and programs; and
37        (c)  Is cross-disability.
38        (4)  For the purposes of this section, "nonprofit rehabilitation facility"
39    means only a facility that is accredited by the commission on accreditation of
40    rehabilitation facilities.

41        SECTION 2.  An emergency existing  therefor,  which  emergency  is  hereby
42    declared to exist, this act shall be in full force and effect on and after its


                                         2

 1    passage and approval, and retroactively to January 1, 1999.

Statement of Purpose / Fiscal Impact


                        STATEMENT OF PURPOSE

                              RS09199

This legislation relates to income tax credits, and amends section
63-3029C, Idaho Code. The purpose of this legislation is to add the
Hope House, Inc., or its foundation, as a qualifying entity for
contributions that qualify for a state income tax credit; declaring
an emergency and providing retroactive application.





                            FISCAL NOTE

The maximum amount of tax credit for contributions to Hope
House would amount to $50,000.






CONTACT:  Representative Crow
        332-1000
        
STATEMENT OF PURPOSE/ FISCAL NOTE      Bill No.      H 362