2001 Legislation
Print Friendly

HOUSE BILL NO. 112 – Income tax, electronic file, credit

HOUSE BILL NO. 112

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.

Daily Data Tracking History



H0112...............................................by REVENUE AND TAXATION
INCOME TAX - Amends existing law to provide a nonrefundable credit against
taxes for electronically filed tax returns filed beginning on and after
January 1, 2002.
                                                                        
01/29    House intro - 1st rdg - to printing
01/30    Rpt prt - to Rev/Tax
02/05    Rpt out - rec d/p - to 2nd rdg
02/06    2nd rdg - to 3rd rdg
02/09    3rd rdg - PASSED - 60-8-2
      AYES -- Barraclough, Bedke, Bieter, Black, Boe, Bolz, Bradford,
      Bruneel, Callister, Campbell, Chase, Clark, Collins, Crow, Cuddy,
      Deal, Denney, Ellsworth, Field(13), Field(20), Gagner, Hadley,
      Hammond, Harwood, Henbest, Higgins, Hornbeck, Jaquet, Jones, Kellogg,
      Kendell, Kunz, Langford, Loertscher, Mader, Marley, McKague, Meyer,
      Montgomery, Mortensen, Moss, Moyle, Pearce, Pomeroy, Raybould,
      Ridinger, Robison, Sali, Schaefer, Sellman, Shepherd, Smith, Smylie,
      Stevenson, Stone, Swan, Tilman, Trail, Wheeler, Young
      NAYS -- Barrett, Bell, Ellis, Eskridge, Gould, Lake, Roberts, Mr.
      Speaker
      Absent and excused -- Pischner, Wood
    Floor Sponsor -- Ridinger
    Title apvd - to Senate
02/12    Senate intro - 1st rdg - to Loc Gov
02/15    Rpt out - rec d/p - to 2nd rdg
02/16    2nd rdg - to 3rd rdg
03/08    3rd rdg - PASSED - 35-0-0
      AYES -- Andreason, Boatright, Branch(Bartlett), Brandt, Bunderson,
      Burtenshaw, Cameron, Danielson, Darrington, Davis, Deide, Dunklin,
      Frasure, Geddes, Goedde, Hawkins, Ingram, Ipsen, Keough,
      King-Barrutia, Lee, Lodge, Noh, Richardson, Risch, Sandy, Schroeder,
      Sims, Sorensen, Stegner, Stennett, Thorne, Wheeler, Whitworth,
      Williams,
      NAYS -- None
      Absent and excused -- None
    Floor Sponsor -- Frasure
    Title apvd - to House
03/09    To enrol
03/12    Rpt enrol - Sp signed
03/13    Pres signed
03/14    To Governor
03/19    Governor signed
         Session Law Chapter 54
         Effective: 01/01/02

Bill Text


                                                                        
                                                                        
  ||||              LEGISLATURE OF THE STATE OF IDAHO             ||||
 Fifty-sixth Legislature                  First Regular Session - 2001
                                                                        
                                                                        
                              IN THE HOUSE OF REPRESENTATIVES
                                                                        
                                     HOUSE BILL NO. 112
                                                                        
                             BY REVENUE AND TAXATION COMMITTEE
                                                                        
  1                                        AN ACT
  2    RELATING TO ELECTRONICALLY FILED TAX RETURNS; AMENDING SECTION  63-115,  IDAHO
  3        CODE,  TO  PROVIDE A NONREFUNDABLE CREDIT AGAINST TAXES FOR ELECTRONICALLY
  4        FILING A TAX RETURN WITH THE STATE TAX COMMISSION; PROVIDING AN  EFFECTIVE
  5        DATE AND PROVIDING APPLICATION.
                                                                        
  6    Be It Enacted by the Legislature of the State of Idaho:
                                                                        
  7        SECTION  1.  That  Section  63-115, Idaho Code, be, and the same is hereby
  8    amended to read as follows:
                                                                        
  9        63-115.  FILING OF ELECTRONIC RETURNS AND DOCUMENTS  --  ELECTRONIC  FUNDS
 10    TRANSFERS.  (1)  Any  return  or other document filed with or submitted to the
 11    state tax commission may be transmitted electronically to the commission  when
 12    permitted  by  rules  or procedures established by the commission. Payments of
 13    any amounts to the commission by electronic funds transfer shall be in  accor-
 14    dance with sections 67-2026 and 67-2026A, Idaho Code, or section 63-117, Idaho
 15    Code.
 16        (2)  In the case of any tax return electronically filed with the state tax
 17    commission  as  provided  in  subsection  (1)  of this section, there shall be
 18    allowed a credit against any taxes properly reported on such return  a  nonre-
 19    fundable credit of two dollars ($2.00).
 20        (3)  As  used  in this section, "transmitted electronically" means the use
 21    of a telecommunication or computer network to transfer information in an opti-
 22    cal, electronic, magnetic or other machine sensible form.  The  term  includes
 23    the use of facsimile machines and third party value added networks.
 24        (34)  Any  return or other document transmitted electronically to the com-
 25    mission and accepted by the commission shall be deemed received on the earlier
 26    of:
 27        (a)  The date it arrives at the commission or,  in  the  case  of  returns
 28        filed  through  the  Internal  Revenue  Service,  the  date  the return is
 29        received by the Internal Revenue Service; or
 30        (b)  The date that a third party, in accordance with  procedures  approved
 31        by  the  commission,  transmits  the  return to the commission or makes it
 32        otherwise available to the commission.
 33        (45)  Any payment made electronically shall be deemed paid on the date the
 34    funds are available to the state treasurer.
 35        (56)  To constitute a properly filed valid tax return or report,  a  docu-
 36    ment  transmitted  electronically  or submitted in a physical machine sensible
 37    form such as tape or disk must:
 38        (a)  Be filed in a format prescribed by the tax commission and  be  suffi-
 39        ciently  free of errors to identify the filer and the tax type and to cal-
 40        culate the amounts due;
 41        (b)  Contain the taxpayer's name, address (if required by the tax  commis-
 42        sion) and identifying number;
 43        (c)  Be signed by the taxpayer or other individual effecting the signature
                                                                        
                                           2
                                                                        
  1        or verification; and
  2        (d)  Include  sufficient  information to permit the mathematical verifica-
  3        tion of any tax liability.
  4        (67)  The tax commission may, by rule,  prescribe  exclusive  methods  for
  5    electronically  signing  or  verifying  a return or other document transmitted
  6    electronically to the commission that shall have the same validity and  conse-
  7    quences  as  manual  signing by the taxpayer or other individual effecting the
  8    signature or verification.
                                                                        
  9        SECTION 2.  This act shall be in full force and effect, and shall apply to
 10    tax returns filed for periods beginning on and after January 1, 2002.

Statement of Purpose / Fiscal Impact


                                         
                       STATEMENT OF PURPOSE
                             R.S. 10464
    
    This bill will allow taxpayers who file tax returns with the
    State Tax Commission electronically to reduce their tax
    liability by two dollars per return.  
    
    
    
    
    
    
    
    
       FISCAL NOTE
    
    
    Individual Income Tax:   140,000 returns  X  $2 = $280,000
    Sales and Withholding:    80,000 returns           160,000
    IFTA:                      6,000 returns            12,000
    Fuel Distributors          3,000 returns             6,000
    
    Reduction to the general fund           $440,000
    Reduction in motor fuel tax revenue       18,000
    
    
    
    
    
    
    
    
    
    
    
    
    CONTACT
    
    Name:  Dan John/Ted Spangler
    Agency:  State Tax Commission
    Phone:  334-7530
    
    STATEMENT OF PURPOSE/FISCAL NOTE          H11