Idaho House approves increase in grocery tax credit
BOISE – The Idaho House has overwhelmingly approved a plan to increase Idaho’s grocery tax credit by $10 per person.
The House Revenue and Taxation Committee introduced the plan Thursday morning. The House then voted 68-1 to send the proposal to the Senate.
House Majority Leader Mike Moyle is backing the bill, which is estimated to cost almost $14 million in general fund dollars.
The Republican leader’s previous sweeping tax plan to raise the fuel tax, lower income taxes on high-income earners and eliminate the grocery tax died in the Senate last week.
“We have struggled to try to get some resolutions through the Senate regarding tax relief this year,” he told lawmakers.
Under the bill, most eligible Idahoans would be reimbursed $110 per year for taxes paid on food.