Idaho H0734 revises tax allocation for wind, solar, and geothermal energy producers.
Idaho H0734 amends Section 63-3503B of the Idaho Code to revise the process for calculating and allocating taxes due from producers of electricity using wind, solar, or geothermal energy. The bill mandates the State Tax Commission to compute the weighted original cost and apportionment rate for these energy producers. It also requires the Commission to notify county auditors and taxing units of the tax amounts by specific deadlines. The changes are effective retroactively to January 1, 2026.
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