H04822022 Regular Session
Amends existing law to revise the distribution of sales tax revenue from quarterly to monthly.
SALES TAX -- Amends existing law to revise the distribution of sales tax revenue from quarterly to monthly.
SALES TAX
STATEMENT OF PURPOSE
This bill relates to the existing distributions of sales tax dollars to Idaho's local taxing districts. Specifically, it increases the distribution schedule from a quarterly distribution to monthly distribution, improving the cash flow position of Idaho's local taxing entities.
LATEST ACTION
U.C. to be returned to Revenue & Taxation Committee