Bill
Bill > H0574
ID H0574
ID H0574Amends existing law to require certain disclosures in bond and levy elections that include information regarding state tax relief and when such state tax relief is set to expire.
summary
Introduced
02/15/2024
02/15/2024
In Committee
03/06/2024
03/06/2024
Crossed Over
02/26/2024
02/26/2024
Passed
03/18/2024
03/18/2024
Dead
Signed/Enacted/Adopted
03/19/2024
03/19/2024
Introduced Session
2024 Regular Session
Bill Summary
RELATING TO ELECTION DISCLOSURES; AMENDING SECTION 34-913, IDAHO CODE, TO PROVIDE A REQUIREMENT FOR CERTAIN DISCLOSURES IN BOND ELECTIONS AND TO MAKE TECHNICAL CORRECTIONS; AMENDING SECTION 34-914, IDAHO CODE, TO PROVIDE A REQUIREMENT FOR CERTAIN DISCLOSURES IN LEVY ELECTIONS AND TO MAKE TECHNICAL CORRECTIONS; AND DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE.
AI Summary
This bill amends existing law to require certain disclosures in bond and levy elections. For bond elections, the bill requires information on the purpose of the bonds, the anticipated interest rate and total repayment amount, the estimated average annual cost to the taxpayer, and the length of time the bonds will be paid off. The bill also requires disclosure if the ballot includes information on state tax relief funds that are set to expire at a future date. Similarly, for levy elections, the bill requires disclosures on the purpose and estimated annual cost of the levy, as well as the length of time it will be assessed. The bill also mandates disclosure if the levy replaces an expiring levy and if the new levy is impacted by expiring state tax relief funds.
Committee Categories
Government Affairs
Sponsors (0)
No sponsors listed
Other Sponsors (1)
State Affairs Committee (House)
Last Action
Reported Signed by Governor on March 18, 2024 Session Law Chapter 84 Effective: 07/01/2024 (on 03/19/2024)
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/2024/legislation/H0574/ |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2024/legislation/H0574.pdf |
| Fiscal Note/Analysis - Statement of Purpose / Fiscal Note | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2024/legislation/H0574SOP.pdf |
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