Law
Internal revenue code, definition
TAXATION – Amends existing law to revise the definition of “Internal Revenue Code.”

RS30084 / H0021

This bill relates to income taxes. It is the annual bill to update references to the Internal Revenue Code (IRC). The bill conforms the Idaho income tax code to changes made to the IRC that affect the 2022 tax year. The Idaho income tax code uses federal taxable income as a starting point for both businesses and individuals. Our tax forms use federal adjusted gross income as a starting point. Idaho uses a static conformity to a specific date, currently January 1, 2022. This bill updates Idaho Code section 63-3004, to January 1, 2023. Using federal taxable income as a starting point saves a tremendous amount of duplicate work. The Idaho Legislature can still decide to which items it will conform to. Not conforming at all would cause a lot of extra work and confusion for individuals, businesses, and the tax preparation industry.

The fiscal impact is estimated to be neutral for the 2023 fiscal year. Subsequent years are small amounts of increased revenue from more flexible withdrawal rules.

Bill Events
Date Description
01/23 Introduced, read first time, referred to JRA for Printing
01/24 Reported Printed; Filed for Second Reading
01/25 Read second time; Filed for Third Reading
01/26 Read Third Time in Full – PASSED - 52-15-3
AYES – Alfieri, Allgood, Andrus, Barbieri, Berch, Blanksma, Bundy, Burns, Cannon, Cheatum, Chew, Clow, Cornilles, Dixon(24), Durrant, Ehlers, Erickson, Furniss, Galaviz, Gannon, Garner, Green(Miller), Handy, Healey, Hill, Holtzclaw, Horman, Lanting, Manwaring, Mathias, McCann, Mendive, Mickelsen(Coletti), Miller, Monks, Nash, Necochea, Nelsen, Palmer, Petzke, Pickett, Raybould, Raymond, Roberts, Sauter, Skaug, Vander Woude, Weber, Wheeler, Wroten, Yamamoto, Mr. Speaker
NAYS – Boyle, Crane(13), Dixon(1), Gallagher, Hawkins, Kingsley, Lambert, Mitchell, Price, Redman, Scott, Shepherd, Tanner, Wisniewski, Young
Absent – Crane(12), Ehardt, Rubel
Floor Sponsor - Ehlers
Title apvd - to Senate
01/27 Received from the House passed; filed for first reading
Introduced, read first time; referred to: Local Government & Taxation
02/02 Reported out of Committee with Do Pass Recommendation; Filed for second reading
02/03 Read second time; filed for Third Reading
02/08 Read third time in full – PASSED - 32-3-0
AYES – Adams, Anthon, Bernt, Bjerke, Burtenshaw, Carlson, Cook, Den Hartog, Foreman, Grow, Guthrie, Harris, Hart, Hartgen, Herndon, Just, Lakey, Lee, Lent, Okuniewicz, Rabe, Ricks, Ruchti, Schroeder, Semmelroth, Taylor, Toews, Trakel, VanOrden, Ward-Engelking, Winder, Wintrow
NAYS – Lenney, Nichols, Zuiderveld
Absent and excused – None
Floor Sponsor - Grow
Title apvd - to House
02/09 Returned from Senate Passed; to JRA for Enrolling
02/10 Reported Enrolled; Signed by Speaker; Transmitted to Senate
02/13 Received from the House enrolled/signed by Speaker
Signed by President; returned to House
02/14 Returned Signed by the President; Ordered Transmitted to Governor
02/15 Delivered to Governor at 2:31 p.m. on February 14, 2023
02/16 Reported Signed by Governor on February 15, 2023
Session Law Chapter 1
Effective: Retroactive to 01/01/2023
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