Print Friendly HOUSE BILL NO. 731 – Income tax credit/drug free youth
HOUSE BILL NO. 731
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H0731...............................................by REVENUE AND TAXATION
INCOME TAX CREDIT - Amends existing law to provide an income tax credit for
charitable contributions made to Idaho Drug Free Youth Inc. or its
02/24 House intro - 1st rdg - to printing
02/27 Rpt prt - to Rev/Tax
03/10 Rpt out - rec d/p - to 2nd rdg
03/13 2nd rdg - to 3rd rdg
03/15 3rd rdg - PASSED - 64-0-6
AYES -- Anderson, Andrus, Barraclough, Barrett, Bastian, Bayer,
Bedke, Bell, Bilbao, Black, Block, Boe, Bolz, Brackett, Bradford,
Cannon, Chadderdon, Clark, Collins, Deal, Denney, Edmunson, Eskridge,
Field(23), Garrett, Hart, Harwood, Henbest, Henderson, Jaquet, Kemp,
Lake, LeFavour, Loertscher, Martinez, Mathews, McGeachin, McKague,
Miller, Mitchell, Moyle, Nielsen, Nonini, Pasley-Stuart, Pence,
Raybould, Ring, Ringo, Rusche, Rydalch, Sayler, Schaefer,
Shepherd(2), Shepherd(8), Shirley, Skippen, Smith(30), Smylie,
Snodgrass, Stevenson, Trail, Wills, Wood, Mr. Speaker
NAYS -- None
Absent and excused -- Crow, Ellsworth, Field(18), Roberts, Sali,
Floor Sponsor - Hart
Title apvd - to Senate
03/16 Senate intro - 1st rdg - to Loc Gov
03/23 Rpt out - rec d/p - to 2nd rdg
03/24 2nd rdg - to 3rd rdg
03/28 3rd rdg - PASSED - 29-5-1
AYES -- Andreason, Brandt, Broadsword, Burkett(Clark), Burtenshaw,
Coiner, Compton, Corder, Darrington, Davis, Fulcher, Gannon, Geddes,
Goedde, Hill, Jorgenson, Kelly, Keough, Langhorst, Lodge, Malepeai,
Marley, McGee, McKenzie, Pearce, Richardson, Schroeder, Stennett,
NAYS -- Bunderson, Cameron, Little, Stegner, Werk
Absent and excused -- Sweet
Floor Sponsor - Jorgenson
Title apvd - to House
03/29 To enrol
03/30 Rpt enrol - Sp signed
03/31 Pres signed - To Governor
03/31 Governor signed
Session Law Chapter 309
]]]] LEGISLATURE OF THE STATE OF IDAHO ]]]]
Fifty-eighth Legislature Second Regular Session - 2006
IN THE HOUSE OF REPRESENTATIVES
HOUSE BILL NO. 731
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 IDAHO DRUG FREE YOUTH, 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 the women's and children's alliance or its
16 foundation, to children's village, inc. or its foundation, to Idaho drug free
17 youth, inc. or its foundation, to gem youth services or its foundation, to the
18 hope house, inc. or its foundation, to the north Idaho children's home or its
19 foundation, to a center for independent living located within the state of
20 Idaho, to a nonprofit substance abuse center licensed by the department of
21 health and welfare, or to a nonprofit rehabilitation facility located within
22 the state of Idaho or its foundation.
23 (1) In the case of a taxpayer other than a corporation, the amount allow-
24 able as a credit under this section for any taxable year shall not exceed
25 twenty percent (20%) of such taxpayer's total income tax liability imposed by
26 section 63-3024, Idaho Code, for the year, or one hundred dollars ($100),
27 whichever is less.
28 (2) In the case of a corporation, the amount allowable as a credit under
29 this section for any taxable year shall not exceed ten percent (10%) of such
30 corporation's total income or franchise tax liability imposed by sections
31 63-3025 and 63-3025A, Idaho Code, for the year, or five hundred dollars
32 ($500), whichever is less.
33 (3) For the purposes of this section, "center for independent living"
34 shall mean a private, nonprofit, nonresidential organization in which at least
35 fifty-one percent (51%) of the principal governing board, management and staff
36 are individuals with disabilities and that:
37 (a) Is designed and operated within a local community by individuals with
39 (b) Provides an array of independent living services and programs; and
40 (c) Is cross-disability.
41 (4) For the purposes of this section, "nonprofit rehabilitation facility"
42 means only a facility that is accredited by the commission on accreditation of
43 rehabilitation facilities or another accreditation organization recognized by
1 the state of Idaho.
STATEMENT OF PURPOSE
The purpose of this legislation is to create an income tax credit
for contributions to the Idaho Drug Free Youth organization.
Idaho Drug Free Youth is the only organization in the state of
Idaho that offers preventative counseling and programs to prevent
drug addiction and drug use to Idaho youth before they ever use
drugs. The organization is a nonprofit 501 (c) 3 organization.
Based on the donations of 2005 there will be a reduction in
income tax revenues to the state of approximately $1,800.
Name: Representative Phil Hart
Representative Jim Clark
STATEMENT OF PURPOSE/FISCAL NOTE H 731