Amends existing law to allow for the use of net operating losses, Idaho credits and capital loss carryovers to offset an increase in taxable income due to a bonus depreciation adjustment.
INCOME TAXES -- Amends existing law to allow for the use of net operating losses, Idaho credits and capital loss carryovers to offset an increase in taxable income due to a bonus depreciation adjustment.
STATEMENT OF PURPOSE
Amends existing law to allow for the use of net operating losses, Idaho credits and capital loss carryovers to offset an increase in taxable income due to a bonus depreciation adjustment. was introduced in the 2018 Idaho Legislative Session. This bill is categorized under general legislation. The most recent floor vote was 33-0 (passed). View the full bill text and voting record on the Idaho Legislature website.
HOW THEY VOTED
House Third Reading
Show all 69 voter namesHide individual votes
YEA (69)
NAY (0)
ABSENT / NOT VOTING (1)
Senate Third Reading
Show all 33 voter namesHide individual votes
YEA (33)
NAY (0)
ABSENT / NOT VOTING (2)
LATEST ACTION
Reported Signed by Governor on February 15, 2018 Session Law Chapter 7 Effective: 07/01/2018
BILL INFO
- Session
- 2018
- Chamber
- house
- Status date
- Feb 15, 2018
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