Idaho Bills
3 bills · 2021 Regular Session
Amends existing law to revise provisions regarding the market value of a residential property on appeal by a taxpayer.
This legislation provides that if a property owner has evidence of an arm's length transaction price on a property transaction within the previous 12 months, the arm's length transaction price shall be considered the market value of that property for assessment purposes.
62 – 6
Amends existing law to revise provisions regarding when a sheriff can auction abandoned property.
County sheriff and city police departments are required by law to keep unclaimed property for 6 months before the item can be auctioned or destroyed. For bicycles, the law requires 90 days. This legislation shortens the timeline for unclaimed property to 90 days and bicycles to 60 days. Most of the time items of actual value that are truly lost and found by police are collected in days or weeks by their owners while the large bulk of unclaimed(andgenerallylowvalueproperty)sitsonshelveswaitingtobedisposedofatacosttothecountyand citiesmanagingthisproperty. ShorteningIdaho’stimelineforretaininglost/abandonedand/orunclaimedfound property to match other states would mean cities and counties spend less money and time storing unclaimed property and bicycles. As an added benefit, items that do have value can go to auction sooner so that the city or county can recoup some of their costs.
49 – 20
Amends existing law to provide that a local governmental unit shall not enact, maintain, or enforce an ordinance or a resolution that would have the effect of regulating rent, fees, or deposits charged for leasing private residential property.
This Legislation amends Section 55-307 of Idaho Code to clarify that local governments may not control or regulate rent, fees, or deposits when leasing a private residential property. Currently, local governments are only prohibited from controlling rent. This legislation would add “fees and deposits” to the list of items local governments could not regulate or control. This language would also create uniformity across Idaho’s 201 incorporated cities and 44 counties from having different laws and ordinances regulating such matters in a contract between two parties.