Bill
Bill > H0734
ID H0734
ID H0734Amends existing law to revise provisions regarding the allocation of certain tax revenue.
summary
Introduced
02/19/2026
02/19/2026
In Committee
02/20/2026
02/20/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
RELATING TO TAXATION; AMENDING SECTION 63-3503B, IDAHO CODE, TO REVISE PROVISIONS REGARDING THE ALLOTMENT AND APPORTIONMENT OF TAX DUE FROM PRODUCERS OF ELECTRICITY BY MEANS OF WIND ENERGY, SOLAR ENERGY, OR GEOTHERMAL ENERGY BY THE STATE TAX COMMISSION AND TO MAKE TECHNICAL CORRECTIONS; DECLARING AN EMERGENCY AND PROVIDING RETROACTIVE APPLICA- TION.
AI Summary
This bill amends existing Idaho law to revise how tax revenue from producers of electricity generated by wind, solar, or geothermal energy is allocated and distributed. Specifically, it clarifies the process by which the State Tax Commission calculates and divides this tax revenue among counties and then further among local taxing units, such as cities and school districts, based on the location and value of the energy producer's property. The bill also makes technical corrections to the calculation method, including how weighted original costs are determined for taxing units, particularly school districts that may not have imposed certain supplemental levies. Importantly, this legislation is declared an emergency and will take effect retroactively to January 1, 2026.
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 02/20/2026)
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/2026/legislation/H0734/ |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2026/legislation/H0734.pdf |
| Fiscal Note/Analysis - Statement of Purpose / Fiscal Note | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2026/legislation/H0734SOP.pdf |
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