Bill > H0842

This bill amends existing Idaho law to revise limitations on budget requests by taxing districts, which are local government entities that can levy taxes, and to provide exceptions to these limits. Specifically, it modifies how taxing districts calculate their maximum property tax revenue for their annual budgets, allowing for certain increases based on previous years' budgets and a growth factor, with specific provisions for cities and fire protection districts. The bill also introduces new exceptions, such as allowing districts to recover previously forgone increases in property tax revenue for specific purposes like capital projects, and permits electors of cities and counties to reduce their base budgets through an initiative process. Additionally, it corrects a code reference related to fire protection districts and declares an emergency, making the changes retroactive to January 1, 2026.

Budget and Finance

Revenue and Taxation Committee (House)

https://legislature.idaho.gov/sessioninfo/2026/legislation/H0842/