Amends existing law to include franchise tax in “new state revenue” and to exclude taxes reimbursable by the federal government, and to provide that agreements with applicants for the reimbursement shall exclude taxes reimbursable by the federal government.

IDAHO REIMBURSEMENT INCENTIVE ACT -- Amends existing law to include franchise tax in “new state revenue” and to exclude taxes reimbursable by the federal government, and to provide that agreements with applicants for the reimbursement shall exclude taxes reimbursable by the federal government.