Idaho 2026 Regular Session

Idaho House Bill H0605

Caption

TAXATION – Amends and adds to existing law to provide certain deductions to income taxes and to provide for an increased food tax credit for seniors.

Summary

House Bill 605 makes several changes to Idaho’s individual income tax and food tax credit provisions. First, it creates a temporary subtraction from Idaho taxable income for “qualified tips” and the premium portion of “qualified overtime compensation” for tax years beginning on or after January 1, 2026, and before January 1, 2029. The bill ties those terms to newly added federal Internal Revenue Code sections and authorizes the State Tax Commission to adopt implementing rules subject to legislative approval. The bill also revises Idaho’s food tax credit and refund statute. It increases the standard credit/refund amounts, including a higher amount for taxpayers age 65 and older, and preserves the option for residents to claim a credit based on actual Idaho sales tax paid on qualifying food purchases instead of the flat credit, up to a per-person cap. The bill continues to limit credits in cases involving certain nonresidents, duplicate claims, incarcerated individuals, and individuals receiving federal food assistance during part of the year, while also maintaining the refund application process and penalties for misrepresentation. In addition, the bill updates related information-sharing statutes so the Tax Commission can exchange data with the Department of Correction and the Department of Health and Welfare to identify improper food tax credit claims tied to incarceration status or receipt of food stamp benefits. It also corrects internal code references in those sections. The act contains an emergency clause and applies retroactively to January 1, 2026. The bill’s impact on state law is primarily fiscal: it reduces taxable income for certain workers receiving tips or overtime and increases the state’s food tax credit/refund obligations, especially for seniors and households with qualifying food purchases. It also expands administrative coordination and enforcement around the food tax credit by clarifying confidentiality and data-sharing rules between agencies. The overall sentiment reflected in the bill materials is favorable toward tax relief, with the bill’s caption emphasizing deductions and an increased food tax credit for seniors. No committee transcript or recorded vote is provided, so there is no documented opposition in the supplied materials. The main points of potential contention are the cost to state revenues, the complexity of verifying food-purchase receipts and eligibility, and the continued restrictions on credits for incarcerated individuals, food-stamp recipients, and persons residing illegally in the United States.

Impact

This bill amends Idaho Code to add a temporary income-tax subtraction for qualified tips and overtime compensation, and it revises the food tax credit/refund statute to increase credit amounts and preserve an election for actual sales tax paid on qualifying food purchases. It also updates cross-references and authorizes interagency information sharing with the Department of Correction and the Department of Health and Welfare to enforce food tax credit eligibility rules. The act applies retroactively to January 1, 2026, and includes an emergency clause.

Sentiment

The available materials suggest generally positive sentiment, as the bill is framed as tax relief for workers and an increased food tax credit for seniors. There are no committee transcripts or vote records in the provided context, so no formal opposition or amendment debate is documented here. The bill’s structure indicates support for targeted tax reductions while preserving anti-fraud and eligibility controls.

Contention

Potential areas of contention include the fiscal cost of lowering taxable income and increasing refundable credits, the administrative burden of documenting food purchases and processing refunds, and the fairness of eligibility restrictions tied to incarceration, food assistance receipt, and immigration status. Supporters are likely to emphasize relief for workers and seniors, while critics may focus on revenue loss, complexity, and the targeted exclusions built into the food tax credit program.

Companion Bills

No companion bills found.

Previously Filed As

ID H0375

Amends and adds to existing law to provide for certain local sales and use taxes.

ID H0231

Amends existing law to increase the food tax credit and to provide an alternative tax credit for the actual amount paid by taxpayers on food purchases.

ID H0061

Amends existing law to increase the food tax credit, to provide an alternative tax credit for the actual amount paid by taxpayers on food purchases, and to provide for certain agreements to share information.

ID H0342

Amends and adds to existing law to provide an income tax credit for certain nonprofit pregnancy centers, to increase the limit on the percentage of income taxpayers can claim on certain credits, and to establish the Choose Life Idaho Fund.

ID H0408

Adds to existing law to provide for the Idaho Middle Income Property Development Tax Credit and the Middle Income Land Trust Tax Credit.

ID H0311

Amends and adds to existing law to provide for licensed video remote interpreting providers.

ID H0263

Adds to existing law to provide that certain fees related to animal adoption and rescue are not subject to sales and use taxes.

ID H0457

Adds to existing law to provide that certain fees related to animal adoption and rescue are not subject to sales and use taxes.

ID H0040

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.

ID H0144

Adds to existing law to exempt certain small sellers from sales and use taxes.

Similar Bills

No similar bills found.