ID H0040 | 2025 | Regular Session

Status

Spectrum: Partisan Bill (Republican 29-1)
Status: Engrossed on February 3 2025 - 50% progression
Action: 2025-02-04 - Introduced, read first time; referred to: Local Government & Taxation
Pending: Senate Local Government and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Summary

TAXATION -- Amends existing law to exempt certain precious metals from capital gains tax, lower the income tax rate, and exempt certain military benefits from income taxation.

Tracking Information

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Title

Amends existing law to exempt certain precious metals from capital gains tax, lower the income tax rate, and exempt certain military benefits from income taxation.

Sponsors


Roll Calls

2025-02-03 - House - House Third Reading (Y: 63 N: 7 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2025-02-04SenateIntroduced, read first time; referred to: Local Government & Taxation
2025-02-04SenateReceived from the House passed; filed for first reading
2025-02-03Houseto Senate
2025-02-03HouseTitle apvd
2025-02-03HouseRead Third Time in Full -- PASSED 63-7-0
2025-01-31HouseRead second time; Filed for Third Reading
2025-01-30HouseReported out of Committee with Do Pass Recommendation, Filed for Second Reading
2025-01-24HouseReported Printed and Referred to Revenue & Taxation
2025-01-23HouseIntroduced, read first time, referred to JRA for Printing

Subjects


Idaho State Sources


Bill Comments

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