REVISED
STATEMENT OF PURPOSE
RS28674 / H0251
This bill makes all one-time federal relief monies provided to Idaho businesses in 2020 non-taxable except for
emergency rental assistance program funds. This includes the Rebound Idaho Small Business Grants, forgiven
Paycheck Protection Program loans, and Economic Injury Disaster Loan advance funds.
FISCAL NOTE
The cash grants and loans forgiven under these acts are one-time federal relief monies and not part of any
ongoing revenue.
Contact:
Representative Dustin Manwaring
(208) 332-1000
Senator Rice
(208) 332-1000
DISCLAIMER: This statement of purpose and fiscal note are a mere attachment to this bill and prepared by a proponent
of the bill. It is neither intended as an expression of legislative intent nor intended for any use outside of the legislative
process, including judicial review (Joint Rule 18).
Statement of Purpose / Fiscal Note Bill SOP/FN REVISED: 02/25/2021, 10:04 AM


Statutes affected:
Bill Text: 63-3022