Bill

Bill > H0369


ID H0369

Adds to existing law to require taxing districts to hold a hearing and provide certain notices to taxpayers before increasing the budget from property tax revenue from the previous year.


summary

Introduced
03/05/2025
In Committee
03/06/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

RELATING TO TAXING DISTRICTS; AMENDING CHAPTER 8, TITLE 63, IDAHO CODE, BY THE ADDITION OF A NEW SECTION 63-802B, IDAHO CODE, TO ESTABLISH CERTAIN NOTICE AND PUBLIC HEARING REQUIREMENTS IN ORDER FOR A TAXING DISTRICT TO INCREASE THE PROPERTY TAX REVENUES PORTION OF ITS BUDGET; AND DECLARING AN EMERGENCY.

AI Summary

This bill requires taxing districts (local government entities that collect property taxes) to follow specific procedures before increasing their property tax revenue beyond the previous year's budget. For taxing districts with budgets over $1 million, the bill mandates publishing a detailed public notice in a local newspaper and mailing a personalized notice to each property owner. The notice must clearly outline the proposed tax increase, showing how much additional tax would be paid per $100,000 of property value for different property types (residential, commercial, industrial, agricultural, and operating property). The taxing district must also hold a public hearing after 6:00 PM, where they must explain the reasons for the proposed tax increase and provide an opportunity for public comment. The hearing must be the sole agenda item and cannot conflict with other local government hearings. If a taxing district fails to comply with these requirements, the county commissioners cannot approve their proposed tax rate increase. The bill aims to increase transparency and give property owners more information and input about potential property tax increases, with an emergency clause making it effective immediately upon passage.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Revenue and Taxation Committee (H)

Last Action

Reported Printed and Referred to Revenue & Taxation (on 03/06/2025)

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