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ID H0140
Bill
Status
3/22/2013
Primary Sponsor
Revenue and Taxation Committee
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AI Summary
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Amends Idaho Code Section 63-602A to add property belonging to federally recognized Indian tribes as exempt from property taxation when situated within reservation boundaries.
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Defines federally recognized Indian tribes by reference to Section 67-4001, Idaho Code.
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Revises terminology in the property tax exemption statute, including changing "act" to "chapter" in subsection (3)(b).
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Maintains existing exemptions for property belonging to the United States, state of Idaho, and county or municipal corporations and school districts.
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Preserves existing provisions requiring inventory property from agricultural credit programs and unimproved real property owned by the Department of Fish and Game to remain subject to taxation or fees in lieu of taxes.
Legislative Description
Amends existing law to provide that property on a reservation belonging to a federally recognized Indian tribe is exempt from property taxation.
PROPERTY TAXATION
Last Action
Reported Signed by Governor on March 22, 2013 Session Law Chapter 134 Effective: 07/01/13
3/22/2013