View Daily Data Tracking History
View Bill Text
View Statement of Purpose / Fiscal Impact
H0252...............................................by REVENUE AND TAXATION
INCOME TAX CREDIT - Amends existing law to provide an income tax credit for
charitable contributions to certain rehabilitation facilities accredited by
accreditation organizations recognized by the state of Idaho.
02/14 House intro - 1st rdg - to printing
02/15 Rpt prt - to Rev/Tax
03/01 Rpt out - rec d/p - to 2nd rdg
03/02 2nd rdg - to 3rd rdg
03/05 3rd rdg - PASSED - 66-0-4
AYES -- Barraclough, Barrett, Bedke, Bell, Bieter, Bolz, Bradford,
Bruneel, Callister, Campbell, Chase, Clark, Collins, Crow, Cuddy,
Deal, Denney, Ellis, Ellsworth, Eskridge, Field(13), Field(20),
Gagner, Gould, Hadley, Hammond, Harwood, Henbest, Higgins, Hornbeck,
Jaquet, Jones, Kellogg, Kendell, Kunz, Lake, Langford, Loertscher,
Mader, Marley, McKague, Meyer, Montgomery, Mortensen, Moss, Moyle,
Pearce, Pischner, Pomeroy, Ridinger, Roberts, Robison, Sali,
Schaefer, Sellman, Shepherd, Smith, Smylie, Stevenson, Stone, Swan,
Tilman, Trail, Wood, Young, Mr. Speaker
NAYS -- None
Absent and excused -- Black, Boe, Raybould, Wheeler
Floor Sponsor -- Smith
Title apvd - to Senate
03/06 Senate intro - 1st rdg - to Loc Gov
03/15 Rpt out - rec d/p - to 2nd rdg
03/16 2nd rdg - to 3rd rdg
03/21 3rd rdg - PASSED - 34-1-0
AYES -- Andreason, Boatright, Branch, Brandt, Bunderson, Burtenshaw,
Cameron, Danielson, Darrington, Davis, Deide, Dunklin, Frasure,
Geddes, Goedde, Ingram, Ipsen, Keough, King-Barrutia, Lee, Lodge,
Noh, Richardson, Risch, Sandy, Schroeder, Sims, Sorensen, Stegner,
Stennett, Thorne, Wheeler, Whitworth, Williams,
NAYS -- Hawkins
Absent and excused -- None
Floor Sponsor -- Ipsen
Title apvd - to House
03/22 To enrol - rpt enrol - Sp signed
03/23 Pres signed
03/26 To Governor
04/11 Governor signed
Session Law Chapter 382
Effective: 01/01/01
|||| LEGISLATURE OF THE STATE OF IDAHO ||||
Fifty-sixth Legislature First Regular Session - 2001
IN THE HOUSE OF REPRESENTATIVES
HOUSE BILL NO. 252
BY REVENUE AND TAXATION COMMITTEE
1 AN ACT
2 RELATING TO INCOME TAX CREDITS; AMENDING SECTION 63-3029C, IDAHO CODE, TO PRO-
3 VIDE AN INCOME TAX CREDIT FOR CHARITABLE CONTRIBUTIONS MADE TO CERTAIN
4 FACILITIES ACCREDITED BY ACCREDITATION ORGANIZATIONS RECOGNIZED BY THE
5 STATE OF IDAHO; DECLARING AN EMERGENCY AND PROVIDING A RETROACTIVE EFFEC-
6 TIVE DATE.
7 Be It Enacted by the Legislature of the State of Idaho:
8 SECTION 1. That Section 63-3029C, Idaho Code, be, and the same is hereby
9 amended to read as follows:
10 63-3029C. INCOME TAX CREDIT FOR CERTAIN CHARITABLE CONTRIBUTIONS -- LIMI-
11 TATION. At the election of the taxpayer, there shall be allowed, subject to
12 the applicable limitations provided herein, as a credit against the income tax
13 imposed by chapter 30, title 63, Idaho Code, an amount equal to fifty percent
14 (50%) of the aggregate amount of charitable contributions made by such tax-
15 payer during the year to the anchor house or its foundation, to the children's
16 home society of Idaho, inc., to the Idaho youth ranch or its foundation, to
17 the hope house, inc. or its foundation, to the north Idaho children's home or
18 its foundation, to a center for independent living located within the state of
19 Idaho, to a nonprofit substance abuse center licensed by the department of
20 health and welfare, or to a nonprofit rehabilitation facility located within
21 the state of Idaho or its foundation.
22 (1) In the case of a taxpayer other than a corporation, the amount allow-
23 able as a credit under this section for any taxable year shall not exceed
24 twenty percent (20%) of such taxpayer's total income tax liability imposed by
25 section 63-3024, Idaho Code, for the year, or one hundred dollars ($100),
26 whichever is less.
27 (2) In the case of a corporation, the amount allowable as a credit under
28 this section for any taxable year shall not exceed ten percent (10%) of such
29 corporation's total income or franchise tax liability imposed by sections
30 63-3025 and 63-3025A, Idaho Code, for the year, or five hundred dollars
31 ($500), whichever is less.
32 (3) For the purposes of this section, "center for independent living"
33 shall mean a private, nonprofit, nonresidential organization in which at least
34 fifty-one percent (51%) of the principal governing board, management and staff
35 are individuals with disabilities and that:
36 (a) Is designed and operated within a local community by individuals with
37 disabilities;
38 (b) Provides an array of independent living services and programs; and
39 (c) Is cross-disability.
40 (4) For the purposes of this section, "nonprofit rehabilitation facility"
41 means only a facility that is accredited by the commission on accreditation of
42 rehabilitation facilities or another accreditation organization recognized by
43 the state of Idaho.
2
1 SECTION 2. An emergency existing therefor, which emergency is hereby
2 declared to exist, this act shall be in full force and effect on and after its
3 passage and approval, and retroactively to January 1, 2001.
STATEMENT OF PURPOSE
RS 11034
This legislation is to correct IC63-3029C, which allows an income
tax credit to charities. It clarifies what constitutes a "non
profit rehabilitation facility" qualified for the credit.
FISCAL IMPACT
No impact to the General Fund is expected.
Contact
Name: Rep. Leon Smith
Phone: 332-1261
STATEMENT OF PURPOSE/FISCAL NOTE H 25