Bill
Bill > H0355
ID H0355
ID H0355Adds to existing law to freeze taxing district budgets and property tax levies for one year.
summary
Introduced
01/22/2020
01/22/2020
In Committee
01/23/2020
01/23/2020
Crossed Over
Passed
Dead
03/20/2020
03/20/2020
Introduced Session
2020 Regular Session
Bill Summary
TAXING DISTRICTS -- Adds to existing law to freeze taxing district budgets and property tax levies for one year.
AI Summary
This bill adds a new section to Idaho's existing laws to freeze taxing district budgets and property tax levies for one fiscal year, with an exception allowing the limitation to be exceeded with approval from two-thirds of the taxing district's voters. The bill prohibits any forgone increases from accruing during this one-year freeze, and declares an emergency, making the provisions effective retroactively to January 1, 2020.
Committee Categories
Budget and Finance, Justice
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Revenue and Taxation Committee (House)
Last Action
Reported Printed and Referred to Revenue & Taxation (on 01/23/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://legislature.idaho.gov/sessioninfo/2020/legislation/H0355/ |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2020/legislation/H0355.pdf |
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