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S1492aa....................................by LOCAL GOVERNMENT AND TAXATION
INCOME TAX - ELECTRONIC FUNDS TRANSFER - Amends existing law to provide
that no individual shall be required to make payment by electronic funds
transfer regardless of the amount paid or payable when the taxes, fees or
amounts are payable pursuant to the Idaho Income Tax Act.
02/21 Senate intro - 1st rdg - to printing
02/22 Rpt prt - to Loc Gov
03/02 Rpt out - to 14th Ord
03/07 Rpt out amen - to engros
03/08 Rpt engros - 1st rdg - to 2nd rdg as amen
03/09 2nd rdg - to 3rd rdg as amen
03/15 3rd rdg as amen - PASSED - 35-0-0
AYES -- Andreason, Boatright, Branch, Bunderson, Burtenshaw, Cameron,
Crow, Danielson, Darrington, Davis, Deide, Dunklin, Frasure, Geddes,
Hawkins, Ingram, Ipsen, Keough, King-Barrutia, Lee, McLaughlin, Noh,
Parry, Richardson, Riggs, Risch, Sandy, Schroeder, Sorensen, Stegner,
Stennett, Thorne, Wheeler, Whitworth, Williams
NAYS -- None
Absent and excused -- None
Floor Sponsor - Schroeder
Title apvd - to House
03/16 House intro - 1st rdg as amen - to Rev/Tax
S1492
|||| LEGISLATURE OF THE STATE OF IDAHO ||||
Fifty-fifth Legislature Second Regular Session - 2000
IN THE SENATE
SENATE BILL NO. 1492, As Amended
BY LOCAL GOVERNMENT AND TAXATION COMMITTEE
1 AN ACT
2 RELATING TO ELECTRONIC FUNDS TRANSFER; AMENDING SECTION 67-2026, IDAHO CODE,
3 TO PROVIDE THAT NO INDIVIDUAL SHALL BE REQUIRED TO MAKE PAYMENT BY ELEC-
4 TRONIC FUNDS TRANSFER REGARDLESS OF THE AMOUNT PAID OR PAYABLE WHEN THE
5 TAXES, FEES OR AMOUNTS ARE PAYABLE PURSUANT TO THE IDAHO INCOME TAX ACT
6 AND TO DEFINE "INDIVIDUAL"; DECLARING AN EMERGENCY AND PROVIDING RETROAC-
7 TIVE APPLICATION.
8 Be It Enacted by the Legislature of the State of Idaho:
9 SECTION 1. That Section 67-2026, Idaho Code, be, and the same is hereby
10 amended to read as follows:
11 67-2026. TAXES, FEES AND OTHER AMOUNTS TO BE PAID BY ELECTRONIC FUNDS
12 TRANSFER -- EXCEPTION. (1) Except as allowed in subsection (3) of this sec-
13 tion, aAll taxes and additional amounts of interest, penalty or fees payable
14 together with taxes and all other fees and amounts which are payable to the
15 state must be paid by electronic funds transfer whenever the amount paid or
16 payable is one hundred thousand dollars ($100,000) or greater. Whenever the
17 payment of taxes is required to be made by electronic funds transfer under
18 this section and the due date falls on a Saturday, Sunday, or legal holiday,
19 the payment may be made on the first business day thereafter.
20 (2) All electronic funds transfers to the state, whether or not required
21 by this section, shall be made through the automated clearing house system
22 (ACH) operated by the federal reserve by the ACH debit or ACH credit method
23 and shall include related addenda or messages necessary for:
24 (a) Coordinating the filing of tax returns or other reports with the pay-
25 ment of taxes and all other fees and amounts by electronic funds transfer;
26 and
27 (b) Ensuring the proper receipt and crediting of the payment.
28 (3) No individual shall be required to make payment to the state by elec-
29 tronic funds transfer of any taxes, fees or amounts payable to the state,
30 regardless of the amount, when such taxes, fees or amounts are payable pursu-
31 ant to section 63-3024, Idaho Code. However, if an individual elects to make
32 payment by electronic funds transfer of income tax or any fees and amounts
33 associated with income tax liability, such electronic funds transfer shall
34 adhere to the provisions for electronic funds transfer as specified in this
35 section. For the purposes of this subsection (3), the definition of
36 "individual" shall be as the term is defined in section 63-3008, Idaho Code.
37 (4) The state treasurer shall adopt procedures necessary to implement the
38 provisions of this section.
39 SECTION 2. An emergency existing therefor, which emergency is hereby
40 declared to exist, this act shall be in full force and effect on and after its
41 passage and approval, and retroactively to January 1, 2000.
AS1492
|||| LEGISLATURE OF THE STATE OF IDAHO ||||
Fifty-fifth Legislature Second Regular Session - 2000
Moved by Schroeder
Seconded by Stegner
IN THE SENATE
SENATE AMENDMENT TO S.B. NO. 1492
1 AMENDMENT TO SECTION 1
2 On page 1 of the printed bill, in line 28, delete "person" and
3 insert: "individual"; in line 31, delete "the Idaho income tax act in chapter
4 30, title 63" and insert: "section 63-3024"; in line 32, delete "a person" and
5 insert: "an individual"; in line 36, delete "person" and insert: "individual"
6 and also in line 36, delete "63-3005" and insert: "63-3008".
7 CORRECTIONS TO TITLE
8 On page 1, in line 3, delete "PERSON" and insert: "INDIVIDUAL"; and in
9 line 6, delete "PERSON" and insert: "INDIVIDUAL".
STATEMENT OF PURPOSE
RS 09513C1
The purpose of this legislation is to amend Section 67-2026, Idaho Code,
to provide that no person shall be required to make payment by electronic funds
transfer regardless of the amount paid or payable when the taxes, fees or amounts
are payable pursuant to the Idaho Income Tax Act.
FISCAL IMPACT
Penalties collected under current Statue totaled less than $7,500 during calendar
year 1999.
Contact: Otto Hill
Moscow, Idaho
882-5777
or Senator Gary J. Schroeder
332-1321
STATEMENT OF PURPOSE/FISCAL IMPACT S 1492