Yesterday we discussed how the Gem State is also known as the Pro-Business State. Today we highlight how bills introduced this month encourage Idahoan entrepreneurs to pursue business ownership young under the new “Lemonade Stand Freedom” bill, sponsored by Rep. Ron Nate, R-Rexburg.
This new bill exempts small, youth-run businesses from state sales tax. It also prohibits local governments from requiring licenses, permits or fees for such operations.
“Cities shouldn’t require licenses or permits for youth businesses like lemonade stands or mowing lawns,” Nate said. “We want to encourage young entrepreneurs to dip their toes into the business area. We don’t want to put roadblocks in their way.”
The bill applies to businesses that are owned and operated exclusively by anyone under 18 years of age. You won’t get a lemon in Idaho, but you sure will get timeless American values with a side of refreshing freedom! And oh does it taste sooo good!