Bill > H0765

This bill modifies existing Idaho law to allow fire protection districts to more easily transfer territory between districts and to exempt certain taxing districts from specific budget limitations. Specifically, it revises procedures for de-annexing property from one fire protection district and annexing it into another, including requiring written approval from the district losing territory and allowing for annexation by ordinance or resolution if both districts agree. Additionally, the bill clarifies how new construction is assessed for tax purposes, ensuring that territory de-annexed by fire protection or library districts is properly deducted from the new construction roll for the de-annexing district. Crucially, it amends budget limitations for taxing districts, exempting increases in property tax revenue resulting from certain urban renewal district changes, fire protection district annexations, or library district annexations from these limitations, and declares an emergency for retroactive application to January 1, 2026.