Amends existing law to provide that a new construction roll shall show certain reductions in taxable market value with exceptions; and to establish provisions regarding a certain amount that shall be subtracted from the dollar amount of property taxes certified for an annual budget and to provide that property that has become tax exempt may not be counted for 3% budget purposes.
REVENUE AND TAXATION -- Amends existing law to provide that a new construction roll shall show certain reductions in taxable market value with exceptions; and to establish provisions regarding a certain amount that shall be subtracted from the dollar amount of property taxes certified for an annual budget and to provide that property that has become tax exempt may not be counted for 3% budget purposes.
STATEMENT OF PURPOSE
Amends existing law to provide that a new construction roll shall show certain reductions in taxable market value with exceptions; and to establish provisions regarding a certain amount that shall be subtracted from the dollar amount of property taxes certified for an annual budget and to provide that property that has become tax exempt may not be counted for 3% budget purposes. was introduced in the 2017 Idaho Legislative Session. This bill is categorized under general legislation. The most recent floor vote was 59-11 (passed). View the full bill text and voting record on the Idaho Legislature website.
HOW THEY VOTED
House Third Reading
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YEA (59)
LATEST ACTION
Introduced, read first time; referred to: Local Government & Taxation
BILL INFO
- Session
- 2017
- Chamber
- house
- Status date
- Mar 20, 2017