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Idaho committee introduces RS32033 to raise grocery tax credit, allow receipt-based refunds
Summary
The Idaho House Revenue and Taxation Committee voted to introduce RS32033, a proposed statutory change that would raise the grocery tax credit from $120 to $155 and allow taxpayers to reclaim grocery sales tax via receipts up to $250; Representative Jason Monks sponsored the proposal and Representative Shepherd moved its introduction.
The House Revenue and Taxation Committee introduced RS32033 on Jan. 27, a legislative proposal to raise Idaho’s grocery tax credit and permit limited receipt-based refunds. Representative Jason Monks, the bill’s sponsor, described the change as a response to rising grocery costs.
"This particular legislation would increase that credit from $120 to $155," Representative Jason Monks, a legislator from District 22, told the committee. He said the bill would also let taxpayers submit grocery receipts to the Idaho State Tax Commission to reclaim sales tax they paid during the year, with a cap of $250.
The measure was moved for introduction by Representative Shepherd and advanced by a voice vote. The committee chair announced that RS32033 "stands introduced" and said the…
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