2006 Legislation
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HOUSE BILL NO. 765 – Income tax credit, Shepherd’s Home

HOUSE BILL NO. 765

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Bill Status



H0765...............................................by REVENUE AND TAXATION
INCOME TAX CREDIT - Amends existing law to provide an income tax credit for
charitable contributions made by a taxpayer to Shepherd's Home, Inc. or its
foundation.
                                                                        
03/03    House intro - 1st rdg - to printing
03/06    Rpt prt - to Rev/Tax
03/08    Rpt out - rec d/p - to 2nd rdg
03/09    2nd rdg - to 3rd rdg
03/10    3rd rdg - PASSED - 66-0-4
      AYES -- Anderson, Andrus, Barraclough, Barrett, Bastian, Bayer,
      Bedke, Bell, Bilbao, Black, Block, Boe, Bolz, Brackett, Bradford,
      Cannon, Chadderdon, Clark, Collins, Denney, Edmunson, Ellsworth,
      Eskridge, Field(18), 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, Roberts, Rusche,
      Rydalch, Sali, Sayler, Schaefer, Shepherd(2), Shirley, Skippen,
      Smith(30), Smith(24), Smylie, Snodgrass, Stevenson, Trail, Wills, Mr.
      Speaker
      NAYS -- None
      Absent and excused -- Crow, Deal, Shepherd(8), Wood
    Floor Sponsor - Roberts
    Title apvd - to Senate
03/13    Senate intro - 1st rdg - to Loc Gov
03/22    Rpt out - rec d/p - to 2nd rdg
03/23    2nd rdg - to 3rd rdg
03/28    3rd rdg - PASSED - 26-9-0
      AYES -- Andreason, Brandt, Broadsword, Burkett(Clark), Burtenshaw,
      Coiner, Compton, Corder, Davis, Fulcher, Gannon, Goedde, Hill,
      Jorgenson, Keough, Langhorst, Malepeai, Marley, McGee, McKenzie,
      Pearce, Richardson, Schroeder, Stennett, Sweet, Williams
      NAYS -- Bunderson, Cameron, Darrington, Geddes, Kelly, Little, Lodge,
      Stegner, Werk
      Absent and excused -- None
    Floor Sponsor - Williams
    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 320
         Effective: 01/01/06

Bill Text


                                                                        
                                                                        
  ]]]]              LEGISLATURE OF THE STATE OF IDAHO             ]]]]
 Fifty-eighth Legislature                   Second Regular Session - 2006
                                                                        
                                                                        
                              IN THE HOUSE OF REPRESENTATIVES
                                                                        
                                     HOUSE BILL NO. 765
                                                                        
                             BY REVENUE AND TAXATION COMMITTEE
                                                                        
  1                                        AN ACT
  2    RELATING TO INCOME TAX CREDITS; AMENDING SECTION 63-3029C, IDAHO CODE, TO PRO-
  3        VIDE A STATE INCOME TAX CREDIT FOR CHARITABLE CONTRIBUTIONS MADE BY A TAX-
  4        PAYER TO THE SHEPHERD'S HOME, INC. OR ITS FOUNDATION; DECLARING  AN  EMER-
  5        GENCY 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 the women's and children's alliance  or  its
 17    foundation,  to  children's village, inc. or its foundation, to gem youth ser-
 18    vices or its foundation, to the hope house, inc. or  its  foundation,  to  the
 19    north Idaho children's home or its foundation, to the shepherd's home, inc. or
 20    its foundation, to a center for independent living located within the state of
 21    Idaho,  to  a  nonprofit  substance abuse center licensed by the department of
 22    health and welfare, or to a nonprofit rehabilitation facility  located  within
 23    the state of Idaho or its foundation.
 24        (1)  In the case of a taxpayer other than a corporation, the amount allow-
 25    able  as  a  credit  under  this section for any taxable year shall not exceed
 26    twenty percent (20%) of such taxpayer's total income tax liability imposed  by
 27    section  63-3024,  Idaho  Code,  for  the year, or one hundred dollars ($100),
 28    whichever is less.
 29        (2)  In the case of a corporation, the amount allowable as a credit  under
 30    this  section  for any taxable year shall not exceed ten percent (10%) of such
 31    corporation's total income or franchise  tax  liability  imposed  by  sections
 32    63-3025  and  63-3025A,  Idaho  Code,  for  the  year, or five hundred dollars
 33    ($500), whichever is less.
 34        (3)  For the purposes of this section,  "center  for  independent  living"
 35    shall mean a private, nonprofit, nonresidential organization in which at least
 36    fifty-one percent (51%) of the principal governing board, management and staff
 37    are individuals with disabilities and that:
 38        (a)  Is designed and operated within a local community by individuals with
 39        disabilities;
 40        (b)  Provides an array of independent living services and programs; and
 41        (c)  Is cross-disability.
 42        (4)  For the purposes of this section, "nonprofit rehabilitation facility"
 43    means only a facility that is accredited by the commission on accreditation of
                                                                        
                                           2
                                                                        
  1    rehabilitation  facilities or another accreditation organization recognized by
  2    the state of Idaho.
                                                                        
  3        SECTION 2.  An emergency existing  therefor,  which  emergency  is  hereby
  4    declared to exist, this act shall be in full force and effect on and after its
  5    passage and approval, and retroactively to January 1, 2006.

Statement of Purpose / Fiscal Impact



                           STATEMENT OF PURPOSE

                                 RS 16186

     This legislation will provide an Idaho income tax credit for
donors who donate to Shepherd's Home, Inc.  Shepherd's Home, Inc.
provides immediate help and resources for young people in crisis. 
It is geared towards short and long term crisis situations with
the aid of supportive adults.  Providing a tax credit will
stimulate additional contributions toward their operating
expenses.   



                                 FISCAL NOTE

     Contributions generally have been $40,000.







Contact
Name: Rep. Ken Roberts 
Phone: 332-1000


STATEMENT OF PURPOSE/FISCAL NOTE                                   H 765