ID HJR005

Proposes a constitutional amendment to Section 4, Article VII of the Idaho Constitution to allow taxation of public property (belonging to the state, counties, towns, cities, villages, school districts, municipalities, or public libraries) when leased or otherwise provided to a private entity, if authorized by statute.

Requires that revenue generated from the taxation of such public property be used solely to proportionately reduce levy rates on all properties in the affected taxing districts.

Maintains the existing exemption for unimproved real property owned by the Department of Fish and Game, which may be subject to a fee in lieu of taxes if authorized by statute and not exceeding the property tax at the time of acquisition.

Directs the Legislative Council to prepare required statements per Idaho Code Section 67-453 and the Secretary of State to publish the amendment and supporting arguments.

Submits the constitutional amendment question to Idaho voters at the next general election for approval.