Bill

Bill > H0670


ID H0670

ID H0670
Amends existing law to revise provisions regarding the withdrawal of certain taxing districts from an urban renewal revenue allocation area financing provision.


summary

Introduced
02/13/2026
In Committee
02/16/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

RELATING TO URBAN RENEWAL; AMENDING SECTION 50-2906, IDAHO CODE, TO REVISE A PROVISION REGARDING SPECIAL RULES FOR CERTAIN TAXING DISTRICTS; AND DECLARING AN EMERGENCY.

AI Summary

This bill amends existing Idaho law to revise provisions concerning how certain taxing districts, specifically fire protection districts and ambulance service districts, can withdraw from urban renewal revenue allocation areas, which are designated zones where increased property tax revenue generated within the zone is used to fund urban renewal projects. The bill clarifies that an urban renewal agency cannot deny a district's withdrawal request if there are no outstanding debts or obligations being funded by that district's portion of the revenue allocation, or if the agency has enough revenue from other sources to cover those debts. It also defines "contractual obligation" for the purposes of these withdrawal provisions. The bill also includes an emergency clause, meaning it will take effect immediately upon passage and approval.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Revenue and Taxation Committee (House)

Last Action

Reported Printed and Referred to Revenue & Taxation (on 02/16/2026)

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