Idaho H 40: TAXATION – Amends existing law to exempt certain precious metals from capital gains tax, lower the income tax rate, and exempt certain military benefits from income taxation.

Status: Reported Signed by Governor on March 6, 2025 Session Law Chapter 13 Effective: Retroactive to 01/01/2025 (as of 2025-03-07)

State: Idaho · Session: 2025 · Bill: H 40

Subjects: DEATH, DISABILITIES, PERSONS WITH, FIRE AND FIREFIGHTERS, METALS, MILITARY AND MILITIA, RETIREMENT, TAX AND TAXATION, TAX AND TAXATION, INCOME

Sponsors: REVENUE AND TAXATION COMMITTEE

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