Bill > S1417

This bill amends existing law to revise the income limitations and tax reduction amounts for Idaho's property tax relief program. It increases the maximum household income thresholds and the maximum property tax reduction amount. Specifically, it raises the income limit for a single-person household to $32,000 or 185% of the federal poverty level, and for a household of two or more to $40,000 or 185% of the federal poverty level for a two-person household. It also increases the maximum tax reduction from $1,320 to $2,000. The bill also includes an emergency clause making it effective retroactively to January 1, 2020.

Budget and Finance, Government Affairs, Justice

State Affairs Committee (Senate)

https://legislature.idaho.gov/sessioninfo/2020/legislation/S1417/