Bill > H0066

This bill repeals existing law and adds new sections to Idaho Code to provide for bond and levy election disclosures and penalties for violations. The key provisions include: 1. Requiring taxing districts to provide a brief official statement with specific information about any proposed bond measure, including the purpose, interest rate, total repayment amount, estimated average annual cost to taxpayers, and the district's existing indebtedness. This information must be included on the ballot and in the official election notice. 2. Requiring similar disclosures for any proposed levy measures, except for certain exempted levies, including the purpose, estimated annual cost to taxpayers, and length of time the levy will be assessed. This information must also be included on the ballot and in the official election notice. 3. Providing that a court shall declare the outcome of a bond or levy election invalid if the taxing district failed to comply with the disclosure requirements, and award court costs and fees to the prevailing party. 4. Amending existing law to apply the provisions for contesting bond and levy elections to the new disclosure requirements. The bill aims to increase transparency and provide more detailed information to voters about proposed bond and levy measures.

Government Affairs, Justice

State Affairs Committee (House)

https://legislature.idaho.gov/sessioninfo/2021/legislation/H0066/