Bill to boost Idaho grocery sales tax credit heads to Senate
BOISE, Idaho (AP) — A proposal to increase by $20 the amount Idaho residents can recover on taxes paid on food through the grocery sales tax credit is headed to the full Senate.
A Senate committee voted Thursday to approve the bill that boosts the annual maximum credit from $100 to $120 for people under 65 and from $120 to $140 for people 65 and over.
Backers say the increase is meant to reflect the amount the tax costs a typical person.
If passed, the bill would cut about $32 million from state revenues.
That would be replaced by using a fund that collects online purchase sales taxes.