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H0610...............................................by REVENUE AND TAXATION
CHILDREN'S VILLAGE DONATION - INCOME TAX CREDIT - Amends existing law to
provide an income tax credit for charitable contributions made to
Children's Village, Inc. or its foundation.
02/05 House intro - 1st rdg - to printing
02/06 Rpt prt - to Rev/Tax
02/11 Rpt out - rec d/p - to 2nd rdg
02/12 2nd rdg - to 3rd rdg
02/18 3rd rdg - PASSED - 65-0-5
AYES -- Andersen, Barraclough, Barrett, Bauer, Bayer, Bedke, Bell,
Black, Boe, Bolz, Bradford, Campbell, Cannon, Clark, Collins, Crow,
Cuddy, Deal, Denney, Douglas, Eberle, Edmunson, Ellsworth, Eskridge,
Field(18), Field(23), Gagner, Garrett, Harwood, Henbest, Jaquet,
Jones, Kellogg(Nonini), Kulczyk, Lake, Langford, Langhorst, Martinez,
McGeachin, Meyer, Miller, Mitchell, Moyle, Naccarato, Pasley-Stuart,
Ridinger, Ring, Ringo, Roberts, Robison, Rydalch, Sali, Sayler,
Schaefer, Shepherd, Shirley, Skippen, Smith(30), Smith(24), Smylie,
Snodgrass, Stevenson, Trail, Wood, Mr. Speaker
NAYS -- None
Absent and excused -- Block, McKague, Nielsen, Raybould, Wills
Floor Sponsor - Kellogg(Nonini)
Title apvd - to Senate
02/19 Senate intro - 1st rdg - to Loc Gov
02/24 Rpt out - rec d/p - to 2nd rdg
02/25 2nd rdg - to 3rd rdg
03/10 3rd rdg - PASSED - 21-12-2
AYES -- Bailey, Bunderson, Burtenshaw, Calabretta, Compton,
Darrington, Davis, Gannon, Goedde, Kennedy, Keough, Lodge, Malepeai,
Marley, McKenzie, McWilliams, Noble, Richardson, Schroeder, Stennett,
Sweet
NAYS -- Andreason(Andreason), Burkett, Cameron, Geddes, Hill, Little,
Noh, Pearce, Sorensen, Stegner, Werk, Williams
Absent and excused -- Brandt, Ingram
Floor Sponsor - Goedde
Title apvd - to House
03/11 To enrol
03/12 Rpt enrol - Sp signed
03/15 Pres signed
03/16 To Governor
03/19 Governor signed
Session Law Chapter 80
Effective: 07/01/04
]]]] LEGISLATURE OF THE STATE OF IDAHO ]]]]
Fifty-seventh Legislature Second Regular Session - 2004
IN THE HOUSE OF REPRESENTATIVES
HOUSE BILL NO. 610
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 CHILDREN'S VILLAGE, INC. OR ITS FOUNDATION.
5 Be It Enacted by the Legislature of the State of Idaho:
6 SECTION 1. That Section 63-3029C, Idaho Code, be, and the same is hereby
7 amended to read as follows:
8 63-3029C. INCOME TAX CREDIT FOR CERTAIN CHARITABLE CONTRIBUTIONS -- LIMI-
9 TATION. At the election of the taxpayer, there shall be allowed, subject to
10 the applicable limitations provided herein, as a credit against the income tax
11 imposed by chapter 30, title 63, Idaho Code, an amount equal to fifty percent
12 (50%) of the aggregate amount of charitable contributions made by such tax-
13 payer during the year to the anchor house or its foundation, to the children's
14 home society of Idaho, inc., to the Idaho youth ranch or its foundation, to
15 kinderhaven or its foundation, to children's village, inc. or its foundation,
16 to gem youth services or its foundation, to the hope house, inc. or its foun-
17 dation, to the north Idaho children's home or its foundation, to a center for
18 independent living located within the state of Idaho, to a nonprofit substance
19 abuse center licensed by the department of health and welfare, or to a non-
20 profit rehabilitation facility located within the state of Idaho or its foun-
21 dation.
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.
STATEMENT OF PURPOSE
RS 13570
The purpose of this legislation is to add Children's Village to
line 43 (credit for contribution to youth and rehab facilities)
of the Idaho Individual Income Tax Form 40. Children's Village
serves children through eighteen years of age and offers a number
of services in addition to providing temporary housing.
FISCAL IMPACT
Based on an average of the last five years of donations, the
estimated annual fiscal impact from this addition is $12,000.
Contact
Name: Senator John Goedde
Phone: 332-1000
Representative Hilde Kellogg
STATEMENT OF PURPOSE/FISCAL NOTE H 610