Amends existing law to provide for property tax relief.

Thislegislationprovidesanadditional$100millionofpropertytaxrelieftoIdahoansstartingin2025andevery year there after. $50 million of property tax relief will be provided through the School Facilities Fund and $50 million in property tax relief will be provided in the Homeowner Property Tax Relief account. Both of these accounts were established in HB 292 of the 2023 legislative session.