ID H0100

Amends Idaho Code Section 63-208 to require county assessors to provide parcel owners with a numerical breakdown of exempted property values subtracted from full market value within their county.

Requires assessors to use reproduction or replacement cost less depreciation (rather than historic cost) when cost is a factor in establishing market value for depreciable property.

Establishes special valuation rules for special purpose commercial property, defined as limited-market properties with unique physical design, special construction materials, or layouts restricting utility to a specific use.

Caps market value for special purpose commercial property at land value plus reproduction or replacement cost of improvements less depreciation, while allowing use of one or more market valuation methods.

Includes nursing homes, assisted living facilities, self-service storage facilities, hotels and motels, gas stations, and car washes as examples of special purpose commercial properties.

Takes effect on July 1, 2023, with an emergency declaration.