Bill
Bill > H0278
ID H0278
ID H0278Amends existing law to revise provisions regarding the allocation of taxes between a taxing district and a revenue allocation area.
summary
Introduced
03/02/2021
03/02/2021
In Committee
03/03/2021
03/03/2021
Crossed Over
Passed
Dead
05/12/2021
05/12/2021
Introduced Session
2021 Regular Session
Bill Summary
URBAN RENEWAL -- Amends existing law to revise provisions regarding the allocation of taxes between a taxing district and a revenue allocation area.
AI Summary
This bill amends existing law to revise the provisions regarding the allocation of taxes between a taxing district and a revenue allocation area. Specifically, it changes the allocation of taxes for revenue allocation areas formed or expanded on or after July 1, 2020 for highway districts, and on or after July 1, 2021 for all other taxing districts. The bill allows the highway district or other taxing district and the urban renewal agency to enter into an agreement for a different allocation of taxes. The bill also includes an emergency clause, making it effective immediately upon passage and approval.
Committee Categories
Budget and Finance, Justice
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Revenue and Taxation Committee (House)
Last Action
Motion to return to Revenue & Taxation Committee; return to committee (on 11/15/2021)
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/2021/legislation/H0278/ |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2021/legislation/H0278.pdf |
| Fiscal Note/Analysis - Statement of Purpose / Fiscal Note | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2021/legislation/H0278SOP.pdf |
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