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ID H0551

Bill

Status

Passed

3/12/2026

Primary Sponsor

Revenue and Taxation Committee

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Amends Section 63-301A, Idaho Code, governing how county assessors prepare the new construction roll for property tax assessment purposes
  • Expands provisions for fire protection districts and ambulance service districts to include new construction value on their rolls even when located within urban renewal revenue allocation areas, pursuant to section 50-2906(4), Idaho Code
  • Allows fire protection and ambulance service districts that withdrew from urban renewal revenue allocation areas to include 80% of increment value in the withdrawal year, then 90% of qualifying new construction value in subsequent years
  • Declares an emergency and applies retroactively to January 1, 2026

Legislative Description

Amends existing law to revise a provision regarding the assessment of certain property.

TAXATION

Last Action

Reported Signed by Governor on March 11, 2026 Session Law Chapter 19 Effective: Retroactive to 01/01/2026

3/12/2026

Committee Referrals

Local Government and Taxation2/11/2026
Revenue and Taxation1/29/2026

Full Bill Text

No bill text available