The big income-tax cut and rebate bill that is now pending in the Idaho House would give most Idahoans rebates at just the minimum amount of $75 per person, or $300 for a family of four, and the lowest-income earners would not get any ongoing tax relief from the bill, HB 436.
The rebates are for anyone who filed Idaho income tax returns in both 2020 and 2021; they will be calculated on the basis of the 2020 return, at either 12% of state income tax paid or $75 per person, whichever is higher.
Rep. Mike Moyle, the bill’s co-sponsor, emphasized during the committee hearing on the bill this week, that every Idahoan benefits from this bill.
The Idaho Press reports an exception would be anyone who did not file an Idaho income tax return in both 2020 and 2021.
The Idaho Tax Commission estimates that about 238,000 Idahoans did not file an income tax return or a grocery credit refund return for 2020.