S12412024 Regular Session
Amends and adds to existing law to establish exemptions from certain licensing and taxation for businesses owned by young entrepreneurs.
BUSINESS -- Amends and adds to existing law to establish exemptions from certain licensing and taxation for businesses owned by young entrepreneurs.
IntroducedIn CommitteeFloor VoteEnacted
STATEMENT OF PURPOSE
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The Idaho Young Entrepreneurs Act prohibits local governments from requiring licenses, permits or fees of infrequent, youth owned and managed businesses. The legislation exempts infrequent, youth run businesses from sales tax collections.
LATEST ACTION
Reported Printed; referred to Local Government & Taxation
BILL INFO
- Session
- 2024
- Chamber
- senate
- Status date
- Jan 19, 2024
