Print Friendly HOUSE BILL NO. 362 – Income tax credit, Hope House
HOUSE BILL NO. 362
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.
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,
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
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
|||| 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
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
1 passage and approval, and retroactively to January 1, 1999.
STATEMENT OF PURPOSE
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.
The maximum amount of tax credit for contributions to Hope
House would amount to $50,000.
CONTACT: Representative Crow
STATEMENT OF PURPOSE/ FISCAL NOTE Bill No. H 362