Title: Repeals Grocery Sales Tax
Title: Repeals Grocery Sales Tax
Vote to concur with Senate amendments and pass a bill that repeals the grocery sales tax.
Specifies that state sales tax money collected will be distributed to the state’s refund account in an amount sufficient enough to refund claims (Sec. 4).
Establishes that $5 million will be appropriated each year to the Permanent Building Fund (Sec. 4).
Establishes that $4.8 million will be appropriated to the state’s water pollution control fund (Sec. 4).
Specifies that $2.2 million dollars will be distributed evenly between each of the 44 Idaho counties yearly in future fiscal years (Sec. 4).
Establishes that $1.00 from every license or motor vehicle registration fee will be paid to the county or state highway fund (Sec. 4).
Specifies that any excess funds earned by state programs will go to the general fund (Sec. 4).
Establishes that taxes collected from retailers who do not do business in Idaho that otherwise would not have been required to pay the state tax will be paid to the tax relief fund (Sec. 4).
Specifies the changes made to existing law will not take effect until January 1, 2018 and changes made in section 4 will not take effect until July 1, 2018 (Sec. 5).
Title: Repeals Grocery Sales Tax
Vote to pass a bill with amendments that repeals the grocery sales tax.
Specifies that state sales tax money collected will be distributed to the state’s refund account in an amount sufficient enough to refund claims (Sec. 4).
Establishes that $5 million will be appropriated each year to the Permanent Building Fund (Sec. 4).
Establishes that $4.8 million will be appropriated to the state’s water pollution control fund (Sec. 4).
Specifies that $2.2 million dollars will be distributed evenly between each of the 44 Idaho counties yearly in future fiscal years (Sec. 4).
Establishes that $1.00 from every license or motor vehicle registration fee will be paid to the county or state highway fund (Sec. 4).
Specifies that any excess funds earned by state programs will go to the general fund (Sec. 4).
Establishes that taxes collected from retailers who do not do business in Idaho that otherwise would not have been required to pay the state tax will be paid to the tax relief fund (Sec. 4).
Specifies the changes made to existing law will not take effect until January 1, 2018 and changes made in section 4 will not take effect until July 1, 2018 (Sec. 5).
Title: Repeals Grocery Sales Tax
Title: Repeals Grocery Sales Tax