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H0679...............................................by REVENUE AND TAXATION SALES TAX - Adds to existing law to impose an additional one-half cent sales tax on and after June 1, 2006. 02/13 House intro - 1st rdg - to printing 02/14 Rpt prt - to Rev/Tax 02/15 Rpt out - w/o rec - to 2nd rdg 02/16 2nd rdg - to 3rd rdg 02/17 3rd rdg - PASSED - 37-30-3 AYES -- Anderson, Andrus, Barraclough, Bedke, Bell, Bilbao, Block, Boe, Bolz, Brackett, Bradford, Cannon, Chadderdon, Collins, Deal, Eskridge, Field(18), Field(23), Garrett, Henderson, Lake, Loertscher, McGeachin, Nielsen, Raybould, Ring, Roberts, Rusche, Sayler, Schaefer, Shepherd(2), Shepherd(8), Shirley, Smith(24), Stevenson, Trail, Wills NAYS -- Barrett, Bastian, Bayer, Black, Clark, Crow, Denney, Edmunson, Ellsworth, Hart(Jacobson), Harwood, Henbest, Jaquet, Kemp, LeFavour, Martinez, Mathews, McKague, Mitchell, Moyle, Nonini, Pasley-Stuart, Pence, Ringo, Rydalch, Sali, Skippen, Smith(30), Snodgrass, Mr. Speaker Absent and excused -- Miller, Smylie, Wood Floor Sponsor - Roberts Title apvd - to Senate 02/20 Senate intro - 1st rdg - to Loc Gov 03/10 Rpt out - to 14th Ord 03/17 Rpt out - w/o amen - to 2nd rdg 03/20 2nd rdg - to 3rd rdg 03/23 Ret'd to Loc Gov
]]]] LEGISLATURE OF THE STATE OF IDAHO ]]]] Fifty-eighth Legislature Second Regular Session - 2006IN THE HOUSE OF REPRESENTATIVES HOUSE BILL NO. 679 BY REVENUE AND TAXATION COMMITTEE 1 AN ACT 2 RELATING TO THE SALES AND USE TAX; AMENDING CHAPTER 36, TITLE 63, IDAHO CODE, 3 BY THE ADDITION OF A NEW SECTION 63-3641, IDAHO CODE, TO IMPOSE AN ADDI- 4 TIONAL ONE-HALF CENT SALES AND USE TAX, TO PROVIDE FOR STATE TAX COMMIS- 5 SION AUTHORITY AND TO PROVIDE FOR DEPOSIT OF MONEYS IN THE GENERAL FUND; 6 DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE. 7 Be It Enacted by the Legislature of the State of Idaho: 8 SECTION 1. That Chapter 36, Title 63, Idaho Code, be, and the same is 9 hereby amended by the addition thereto of a NEW SECTION, to be known and des- 10 ignated as Section 63-3641, Idaho Code, and to read as follows: 11 63-3641. IMPOSITION AND RATE OF ADDITIONAL TAX. (1) On and after June 1, 12 2006, in addition to the taxes imposed by sections 63-3619 and 63-3621, Idaho 13 Code, there is hereby imposed a tax of one-half of one percent (0.5%) upon the 14 same sales and upon the same use, storage or other consumption as are taxed 15 under sections 63-3619 and 63-3621, Idaho Code. The additional tax shall be 16 collected at the same time and in the same manner as taxes imposed under sec- 17 tions 63-3619 and 63-3621, Idaho Code, and shall be subject to all the collec- 18 tion, enforcement and administrative provisions of chapter 36, title 63, Idaho 19 Code. 20 (2) All taxes collected under this section, together with all interest, 21 penalties or other amounts relating to such taxes, shall not be subject to the 22 distribution provisions of section 63-3638, Idaho Code, but shall be deposited 23 in the general fund. 24 SECTION 2. An emergency existing therefor, which emergency is hereby 25 declared to exist, this act shall be in full force and effect on and after 26 June 1, 2006.
STATEMENT OF PURPOSE RS 16050 This legislation imposes an increase in the sales tax of one half of one percent (.5%) beginning June 1, 2006. The intent is that the additional revenue will be used to fund schools that will experience a similar decrease in funding from property taxes. FISCAL NOTE This will result in an increase in general fund revenue for fiscal year 2007 of between $100,000,000 and $105,000,000. Contact Name: Rep. Roberts Phone: 332-1000 Rep. Lake STATEMENT OF PURPOSE/FISCAL NOTE H 679