Idaho § 63-4404 - Real property improvement tax credit
Full text of Idaho Idaho Statutes § 63-4404 — Real property improvement tax credit, with citation guidance and answers to common questions.
§ 63-4404. Real property improvement tax credit
(1) For taxable years beginning on or after January 1, 2006, and before December 31, 2030, subject to the limitations of this chapter, a taxpayer who has certified that the tax incentive criteria will be met within a project site during a project period shall be allowed a nonrefundable credit against taxes imposed by sections 63-3024 , 63-3025 and 63-3025A , Idaho Code, in the amount of two and five-tenths percent (2.5%) of the investment in new plant which is incurred during the project period applicable to the project site in which the investment is made.
(2) The credit allowed by this section shall not exceed one hundred twenty-five thousand dollars ($125,000) in any one (1) taxable year.
(3) No credit is allowable under this section for a qualified investment in regard to which a credit under section 63-4403 , Idaho Code, is available.
(4) The credit allowed by this section is limited to buildings and structural components of buildings related to new plant and building facilities.
[63-4404, added 2005, ch. 370, sec. 1, p. 1181; am. 2006, ch. 314, sec. 3, p. 977; am. 2009, ch. 191, sec. 3, p. 624; am. 2020, ch. 243, sec. 3, p. 713.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 63-4404
What does Idaho Statutes § 63-4404 cover?
Section 63-4404 ("Real property improvement tax credit") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 63-4404?
A common citation format is "Idaho Statutes § 63-4404" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 63-4404 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.