Bill
Bill > H0282
summary
Introduced
02/20/2025
02/20/2025
In Committee
03/21/2025
03/21/2025
Crossed Over
03/03/2025
03/03/2025
Passed
03/28/2025
03/28/2025
Dead
Signed/Enacted/Adopted
04/01/2025
04/01/2025
Introduced Session
2025 Regular Session
Bill Summary
RELATING TO PROPERTY; AMENDING SECTION 55-1002, IDAHO CODE, TO REVISE PROVI- SIONS REGARDING HOMESTEAD PROPERTY; AND DECLARING AN EMERGENCY AND PRO- VIDING AN EFFECTIVE DATE.
AI Summary
This bill amends Idaho Code Section 55-1002 to modify how homestead property exemptions are applied for married couples. Previously, married spouses could not separately claim homestead exemptions in a way that would increase their total exemption value beyond the standard amount. The new law allows each spouse to independently claim a homestead exemption for the full amount specified in section 55-1003, effectively potentially doubling the total homestead exemption for a married couple. This change provides more flexibility for married homeowners in protecting their property from creditors. The bill includes an emergency clause and will take effect on July 1, 2025. A homestead exemption is a legal provision that protects a portion of a person's primary residence from being seized by creditors, helping to ensure that individuals and families have a place to live even in financial distress.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Ways and Means Committee (House)
Last Action
Reported Signed by Governor on March 31, 2025 Session Law Chapter 235 Effective: 07/01/2025 (on 04/01/2025)
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/2025/legislation/H0282/ |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2025/legislation/H0282E1.pdf |
| Amendment H0282A1 | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2025/legislation/H0282A1.pdf |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2025/legislation/H0282.pdf |
| Fiscal Note/Analysis - Statement of Purpose / Fiscal Note | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2025/legislation/H0282SOP.pdf |
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