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HCR011................................................................by TRAIL TAXES - STUDY - Stating findings of the Legislature and authorizing the Legislative Council to appoint a committee to undertake and complete a study of the sales, property and income taxes. 01/24 House intro - 1st rdg - to printing 01/27 Rpt prt - to Rev/Tax
|||| LEGISLATURE OF THE STATE OF IDAHO |||| Fifty-seventh Legislature First Regular Session - 2003IN THE HOUSE OF REPRESENTATIVES HOUSE CONCURRENT RESOLUTION NO. 11 BY TRAIL 1 A CONCURRENT RESOLUTION 2 STATING FINDINGS OF THE LEGISLATURE AND AUTHORIZING THE LEGISLATIVE COUNCIL TO 3 APPOINT A COMMITTEE TO UNDERTAKE AND COMPLETE A STUDY OF TAXATION MATTERS. 4 Be It Resolved by the Legislature of the State of Idaho: 5 WHEREAS, for many years the state's citizens enjoyed a balanced tax system 6 which included components of the sales tax, individual income tax, corporate 7 income tax and property tax; and 8 WHEREAS, because of a variety of factors, changes in state tax policy as 9 well as federal changes in tax policy, the tax structure in place today has 10 become seriously out of balance; and 11 WHEREAS, this imbalance has caused a fiscal crisis of the highest order 12 for the state; and 13 WHEREAS, it is apparent that short-term or emergency reactions to the fis- 14 cal crisis result in ill-considered piecemeal and counter-productive tax mea- 15 sures; and 16 WHEREAS, many sales tax exemptions, many income tax credits and deductions 17 and property tax exemptions have been enacted by the Legislature over the past 18 three decades and these need to be examined to determine their relevance in 19 today's global economy and that we are moving from a goods-oriented to a ser- 20 vice economy; and 21 WHEREAS, it is the desire of this Legislature that a tax structure should 22 encourage economic development, and not hinder it. 23 NOW, THEREFORE, BE IT RESOLVED by the members of the First Regular Session 24 of the Fifty-seventh Idaho Legislature, the House of Representatives and the 25 Senate concurring therein, that the Legislative Council is authorized to 26 appoint a committee to undertake and complete a study of all aspects of the 27 State's tax structure, with the goal of the committee's recommendation being 28 to develop a strategy to implement a tax structure over the succeeding years 29 that is fair and balanced in its application and effect, meets the revenue 30 needs of the state, and encourages and assists economic development. The Leg- 31 islative Council shall determine the number of legislators and membership from 32 each house appointed to the committee and shall authorize the committee to 33 receive input, advice and assistance from interested and affected parties who 34 are not members of the Legislature. 35 BE IT FURTHER RESOLVED that nonlegislative members of the committee may be 36 appointed by the cochairs of the committee who are appointed by the Legisla- 37 tive Council. Nonlegislative members of the advisory committee shall not be 38 reimbursed from legislative funds for per diem, mileage or other expenses and 39 shall not have voting privileges regarding the committee's recommendations or 40 proposed legislation. 41 BE IT FURTHER RESOLVED that the committee shall report its findings, rec- 42 ommendations and proposed legislation, if any, to the Second Regular Session 43 of the Fifty-seventh Idaho Legislature.
STATEMENT OF PURPOSE RS l2532Cl This resolution calls on the Legislature to authorize the Legislative Council to appoint a committee to undertake and complete a study of taxation matters relating to the State of Idaho. There is much discussion and concern regarding the changes in state tax policy as well as federal changes in tax policy. The proposed study would include review and examination of the various components of the sales tax, individual income tax, corporate income tax and the property tax. The review would also include sales tax exemptions, income tax credits and deductions and property tax exemptions enacted by the Legislature over the years. Issues regarding reporting and accountability by those groups receiving exemptions from the State should be addressed. FISCAL IMPACT The estimated cost for the committee is approximately $10,000. Legislative salaries, mileage and per diem for legislators will be paid from the legislative account. Contact: Name: Rep. Tom Trail Phone: 332-1202 STATEMENT OF PURPOSE/FISCAL NOTE HCR 11