This bill creates a new tax incentive program to encourage companies to build new oil and gas pipelines into Idaho, aiming to improve the state's energy supply security. It defines "strategic pipeline infrastructure projects" as new pipelines crossing from another state or nation into Idaho with at least $50 million in investment, excluding replacements of existing lines. Developers qualifying for the program would receive a 35% income tax credit on revenue generated by the pipeline, along with exemptions from property taxes and sales taxes on equipment used in construction. The bill also provides regulatory relief by exempting these projects from additional state permitting requirements and requiring state agencies to expedite federal review processes where applicable. These incentives are set to take effect on January 1, 2027, and apply only to projects that deliver crude oil or refined petroleum products to Idaho customers.
This bill amends Idaho state laws to update provisions related to the Commission on Hispanic Affairs, adjust tobacco taxes, and clarify income tax credit rules for charitable contributions. It establishes the nine-member Commission on Hispanic Affairs with appointments from legislative leaders and community members, sets a 5% tax on tobacco products with funds allocated to education safety, substance abuse prevention, and juvenile services, and defines eligible organizations for state income tax credits including the Commission on Hispanic Affairs. The legislation also specifies how tax credits are calculated for individuals and corporations and outlines requirements for educational institutions to qualify for certain charitable contribution credits.
This bill extends Idaho's Child Tax Credit indefinitely by amending state tax law to allow a $205 credit for each qualifying child for tax years beginning on or after January 1, 2026. The credit applies only to Idaho residents and follows existing rules about which parent can claim the credit based on custody arrangements. By declaring an emergency, the bill makes the extension effective immediately upon passage and retroactive to January 1, 2026.
This bill creates a new excise tax on international money transfers originating in Idaho, charging a $5 fee plus 4% on amounts over $500 for each transaction. The tax applies to individuals sending money to recipients outside the United States through various methods like wire transfers or electronic payments, but exempts transactions where the sender uses their own bank account or can prove U.S. legal residence with valid identification. Money transmission companies must collect and remit the tax quarterly to the state, while senders receive receipts that explain how they can claim a refund or tax credit. The state tax commission will distribute the collected revenue, with amounts used for refunds going to the state refund account and the remainder funding the general fund.
This bill amends Idaho law to revise the Parental Choice Tax Credit, which provides financial assistance to parents for private school and related educational expenses. It establishes eligibility for Idaho residents with children aged 5 to 18, or children with disabilities up to age 21, to claim a refundable tax credit of up to $5,000 per eligible student for qualified expenses including tuition, tutoring, assessments, and transportation. The bill creates a priority application system that favors lower-income families and allows eligible parents to request an advance payment of the credit before filing their tax return. It also repeals the previous advance payment fund and sets specific application deadlines and documentation requirements for claiming the credit.
This bill eliminates the Commission on Hispanic Affairs from Idaho law and removes it from the list of organizations eligible for state income tax credits. The legislation repeals the existing chapter governing the commission and amends tax code sections to delete references to the commission in tobacco tax revenue allocations and charitable contribution tax credit provisions. While the bill removes the commission's legal status and funding sources, it does not address the underlying policy goals or community needs the commission previously served. The changes take effect on July 1, 2027, following a legislative intent to reduce government bureaucracy.
Idaho's H 731 allows the state to join the federal tax credit scholarship program, enabling Idaho families to use state tax credits for private school scholarships. The bill requires the Idaho Department of Education to annually publish a list of qualified scholarship groups, certify the state's authority to participate, and accept submissions from those groups year-round. It ensures Idaho meets federal requirements to participate starting in tax year 2027, with the law taking effect July 1, 2026. The bill directly affects Idaho's education department and scholarship organizations operating within the state.
Idaho's H 782 bill revises income tax rates for individuals and corporations, lowering the top individual rate to 5.325% by 2026 and gradually reducing corporate tax rates from 7.6% to 5.325% over time. It extends the child tax credit indefinitely - allowing $205 per qualifying child annually for families filing Idaho taxes - and permanently repeals the Parental Choice Tax Credit (which provided education-related tax breaks) and its advance payment fund. The bill directly affects Idaho residents (through individual tax changes), businesses (via corporate tax adjustments), and families with qualifying children (through the extended credit). Key mechanisms include automatic inflation adjustments for tax thresholds and the elimination of the Parental Choice program, effective immediately upon enactment.
H 590 replaces Idaho's existing Parental Choice Tax Credit program with a new tax credit system. It establishes a refundable state tax credit of up to $5,000 per eligible student (increasing to $7,500 for students with disabilities) for parents paying qualified education expenses at nonpublic schools, including tuition, textbooks, and transportation. The credit applies to Idaho residents aged 5-18 (or 5-21 for disabled students) who meet income limits (300% of federal poverty level), with priority given to low-income families and prior recipients. Parents must apply annually by January 15-March 15, and the state will issue credits or advance payments by August 30. The bill repeals the previous credit and its advance payment fund while creating new administrative requirements.
Idaho bill H 605 increases tax credits for seniors and adds deductions for certain income. It raises the annual food tax credit for Idaho residents from $100 (2022) to $155 (2025 onward), with an additional $50 credit for seniors aged 65+ who file taxes. The bill also creates a temporary deduction (2026-2028) for qualified tips and premium overtime pay, reducing taxable income. These changes directly affect Idaho residents filing state taxes, particularly seniors and workers earning tips or overtime. The credit is refundable if taxes owed are less than the credit amount.
