HB 269 Summary

• Revises sales tax revenue distribution formula in Section 63-3638, Idaho Code, for counties and cities through the revenue sharing account and other mechanisms.

• Establishes escalating thresholds for additional revenue distribution to cities and counties from fiscal year 2018 through 2029, with percentages declining from 105% to 5% of the 1999 baseline payment before excess revenues are distributed.

• Beginning in fiscal year 2029, distributes 100% of available revenue under the subsection equally (50/50) between cities based on population and counties based on population.

• Applies the same escalating threshold structure to special purpose taxing district distributions, with percentages declining annually from 2027 through 2028 before reaching 100% distribution in fiscal year 2029.

• Maintains existing provisions for county distributions including $1.32 million annual baseline per county, population-based allocation formulas, and requirements to establish special election funds for election costs.