Idaho Capitol Watch
HB 733: TAXATION – Amends and adds to existing law to revise provisions regarding the taxation of partnership income.
Revises Idaho income tax provisions for partnerships and pass-through entities to conform with federal partnership-level audit procedures under IRC sections 6221-6241. Amends election timing for affected business entities, extends notice periods from 120 to 180 days, adds new section 63-3070 for federal adjustment reporting, and updates limitations periods.
Status
Effective (July 1, 2026) · Originated in the Idaho House · Introduced February 19, 2026
Sponsors
- REVENUE AND TAXATION COMMITTEE
Committees
- JRA for Printing
Bill history
- March 18, 2026 — House: Reported Enrolled; Signed by Speaker; Transmitted to Senate
- March 18, 2026 — Senate: Received from the House enrolled/signed by Speaker
- March 18, 2026 — Senate: Signed by President; returned to House
- March 19, 2026 — Senate: Returned Signed by the President; Ordered Transmitted to Governor
- March 19, 2026 — Senate: Delivered to Governor at 2 p.m. on March 19, 2026
- March 20, 2026 — Senate: Reported Signed by Governor on March 20, 2026
- March 20, 2026 — Senate: Session Law Chapter 81
- July 1, 2026 — Senate: Effective: 07/01/2026
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