Idaho Capitol Watch
House Revenue & Taxation Committee - Jan 29, 2026 - January 29, 2026
House Revenue and Taxation Committee discussed RS 33142 for Internal Revenue Code conformity. Debate focused on fiscal note estimates ($155M vs. $200-250M)
House Revenue and Taxation Committee discussed RS 33142 for Internal Revenue Code conformity. Debate focused on fiscal note estimates ($155M vs. $200-250M), tax relief benefits, and R&E changes. Motion to introduce passed despite opposition.
Key topics
- RS 33142 Internal Revenue Code Conformity
- Fiscal note estimates
- Tax relief for seniors and workers
- R&E deduction changes
Session highlights
- Meeting called to order; RS 33142 introduced by Rep. Ehlers.
- Ehlers emphasizes urgency of tax conformity for filers.
- Gannon challenges fiscal note with $200-250M estimates.
- Ehlers defends $155M as defensible projection.
- Ehlers highlights $400 senior tax savings without conformity.
9 participants
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