ID H0304

Amends the Tax Relief Fund to require annual transfers at the end of each fiscal year: 20% plus $50 million to the School District Facilities Fund, $39 million to the State Public Defense Fund, and $50 million to the Homeowner Property Tax Relief Account

Creates a new annual $50 million transfer to the Homeowner Property Tax Relief Account established under section 63-724, Idaho Code

Caps the remaining Tax Relief Fund balance transfer to the general fund at $236 million or the remaining balance, whichever is less

Changes Tax Relief Fund distributions from a one-time fiscal year 2025 provision to ongoing annual transfers at the end of each fiscal year

Declared an emergency measure, taking effect immediately upon passage and approval