ID H0110

Changes hospital property tax exemptions from mandatory to discretionary by allowing county boards of equalization to grant exemptions "in the discretion of the board" rather than as a requirement.

Removes the separate subsection addressing preparation of property for hospital use, including the 3-year limit on construction improvements exemptions, consolidating requirements into the main exemption criteria.

Modifies language regarding non-hospital business use of hospital property to make taxation discretionary ("may be assessed") rather than mandatory, allowing board discretion on assessment.

Maintains requirement that hospitals show they are organized as nonprofit corporations under Idaho law and have 501(c)(3) status from the Internal Revenue Service to qualify for exemptions.

Effective date of January 1, 2024.