Idaho Capitol Watch
HB 722: TAXATION – Amends existing law to revise provisions regarding certain rate-regulated electric companies and gas companies.
Amends Idaho Code sections 63-405, 63-3502B, and 63-3503C to revise taxation provisions for rate-regulated electric utility companies, affiliated gas companies, and gas companies. Refines reporting/payment schedules, establishes proportional apportionment based on 2025 tax year, creates Rate-Regulated Tax Fund, and declares emergency with retroactive application to January 1, 2026.
Status
Session Law Chaptered (March 26, 2026) · Originated in the Idaho House · Introduced January 1, 2026
Sponsors
- REVENUE AND TAXATION COMMITTEE
Committees
- JRA for Printing
Bill history
- March 25, 2026 — House: Reported Enrolled; Signed by Speaker; Transmitted to Senate
- March 25, 2026 — Senate: Received from the House enrolled/signed by Speaker
- March 25, 2026 — Senate: Signed by President; returned to House
- March 26, 2026 — Senate: Returned Signed by the President; Ordered Transmitted to Governor
- March 26, 2026 — Senate: Delivered to Governor at 12:58 p.m. on March 26, 2026
- March 26, 2026 — Senate: Reported Signed by Governor on March 26, 2026
- March 26, 2026 — Senate: Session Law Chapter 187
- January 1, 2026 — Senate: Effective: Retroactive to 01/01/2026
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