2002 Legislation
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HOUSE BILL NO. 663 – Income tax credt/kinderhaven donatn

HOUSE BILL NO. 663

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View Statement of Purpose / Fiscal Impact



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Daily Data Tracking History



H0663...............................................by REVENUE AND TAXATION
INCOME TAX - CREDITS - Amends existing law to provide an income tax credit
for charitable contributions made to kinderhaven and its foundation.
                                                                        
02/20    House intro - 1st rdg - to printing
02/21    Rpt prt - to Rev/Tax
02/28    Rpt out - rec d/p - to 2nd rdg
03/01    2nd rdg - to 3rd rdg
03/04    3rd rdg - PASSED - 62-1-7
      AYES -- Aikele, Barraclough, Barrett, Bedke, Bell, Bieter, Black,
      Block, Boe, Bolz, Bradford, Callister, Campbell, Clark, Collins,
      Cuddy, Deal, Denney, Ellis, Ellsworth, Eskridge, Field(20), Gagner,
      Hadley, Hammond, Harwood, Henbest, Higgins, Hornbeck, Jaquet, Jones,
      Kellogg(Duncan), Kendell, Kunz, Lake, Langford, Loertscher, Mader,
      Martinez, McKague, Meyer, Montgomery, Moyle, Pearce, Pischner,
      Pomeroy, Ridinger, Roberts, Robison, Sali, Schaefer, Sellman,
      Shepherd, Smith(33), Smylie, Stevenson, Stone, Tilman, Trail,
      Wheeler, Wood, Mr. Speaker
      NAYS -- Bruneel
      Absent and excused -- Crow, Field(13), Gould, Mortensen, Raybould,
      Smith(23), Young
    Floor Sponsor - Eskridge
    Title apvd - to Senate
03/05    Senate intro - 1st rdg - to Loc Gov
03/11    Rpt out - rec d/p - to 2nd rdg
03/12    2nd rdg - to 3rd rdg
03/15    3rd rdg - PASSED - 32-0-3
      AYES -- Andreason, Boatright, Branch Brandt, Burtenshaw, Cameron,
      Darrington, Davis, Deide, Dunklin, Frasure, Geddes, Goedde, Hawkins,
      Hill, Ingram, Ipsen, Keough, King-Barrutia, Little, Lodge, Marley,
      Noh, Risch, Sandy, Schroeder, Sims, Sorensen, Stegner, Stennett,
      Thorne, Wheeler
      NAYS -- None
      Absent and excused -- Bunderson, Richardson, Williams
    Floor Sponsor - Keough
    Title apvd - to House
03/15    To enrol
    Rpt enrol - Sp signed - Pres signed
03/18    To Governor
03/26    Governor signed
         Session Law Chapter 269
         Effective: 01/01/02

Bill Text


                                                                        
                                                                        
  ||||              LEGISLATURE OF THE STATE OF IDAHO             ||||
 Fifty-sixth Legislature                  Second Regular Session - 2002
                                                                        
                                                                        
                              IN THE HOUSE OF REPRESENTATIVES
                                                                        
                                     HOUSE BILL NO. 663
                                                                        
                             BY REVENUE AND TAXATION COMMITTEE
                                                                        
  1                                        AN ACT
  2    RELATING TO INCOME TAX CREDITS FOR CHARITABLE CONTRIBUTIONS; AMENDING  SECTION
  3        63-3029C,  IDAHO CODE, TO PROVIDE AN INCOME TAX CREDIT FOR CHARITABLE CON-
  4        TRIBUTIONS MADE TO KINDERHAVEN OR ITS FOUNDATION; DECLARING  AN  EMERGENCY
  5        AND 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 CERTAIN CHARITABLE CONTRIBUTIONS -- LIMI-
 10    TATION. At the election of the taxpayer, there shall be  allowed,  subject  to
 11    the applicable limitations provided herein, as a credit against the income tax
 12    imposed  by chapter 30, title 63, Idaho Code, an amount equal to fifty percent
 13    (50%) of the aggregate amount of charitable contributions made  by  such  tax-
 14    payer during the year to the anchor house or its foundation, to the children's
 15    home  society  of  Idaho, inc., to the Idaho youth ranch or its foundation, to
 16    kinderhaven or its foundation, to gem youth services or its foundation, to the
 17    hope house, inc. or its foundation, to the north Idaho children's home or  its
 18    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, 2002.

Statement of Purpose / Fiscal Impact


                   STATEMENT OF PURPOSE

                          RS 11951
                              
The purpose of this legislation is to add Kinderhaven to line 43
(credit for contributions to youth and rehab facilities) of the
Idaho Individual Income Tax Form 40. Kinderhaven provides short-
term, temporary shelter for children up to age twelve and also
provides long-term foster care to girls ages thirteen to eighteen.




                        FISCAL IMPACT
                              
                              
                              
Based on donations received in 2001, the fiscal impact estimated
from this addition is $8,500.



Contact
Name:   Representative Eskridge
Phone:  332-1000




STATEMENT OF PURPOSE/FISCAL NOTE                     H 663