Idaho Capitol Watch
HB 412: TAXATION – Amends House Bill 40, House Bill 304, and existing law to revise provisions regarding certain tax deductions, certain corporate income tax rates, certain protections for taxpayers, and certain sales tax distributions and to revise an effective date.
Trailer bill to HB 40 and HB 304 making technical corrections to tax code provisions including military retirement deductions, corporate income tax rates (5.3% effective 2025), taxpayer protections, sales tax distributions, and fund transfers. No new fiscal impact beyond adjusting HB 304 property tax relief timing.
Status
Reported Printed (March 18, 2025) · Originated in the Idaho House · Introduced March 17, 2025
Sponsors
- REVENUE AND TAXATION COMMITTEE
Committees
- JRA for Printing
Bill history
- March 17, 2025 — House: Introduced, read first time, referred to JRA for Printing
- March 18, 2025 — House: Reported Printed and Referred to Revenue & Taxation
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