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ID H0555
Bill
Status
2/13/2018
Primary Sponsor
Revenue and Taxation Committee
Click for details
AI Summary
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Revises the maximum county justice fund property tax levy from twenty-five hundredths percent (.205%) to twenty hundredths percent (.20%) of market value for assessment purposes, or a levy sufficient to raise $250,000, whichever is greater.
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When a county establishes a justice fund under section 31-4602, Idaho Code, the maximum current expense levy is reduced from .26% to .20% of market value for assessment purposes, or a levy sufficient to raise $250,000, whichever is greater.
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County commissioners retain the authority to make a "general reserve appropriation" not exceeding 5% of the adopted county justice fund budget, with total levies remaining subject to state limitations.
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Corrects technical language throughout section 63-805 regarding property tax descriptions and fund management provisions.
Legislative Description
Amends existing law to revise the tax levy rate on property for a county justice fund.
COUNTY JUSTICE FUND
Last Action
Filed in Office of the Chief Clerk
2/27/2018