TAXATION – Amends and adds to existing law to provide for an initiative petition to raise or lower the property tax budgets for fire protection districts and ambulance service districts and to revise provisions regarding certain property tax budget limits.

This bill allows fire protection and ambulance service districts in Idaho to use citizen initiative petitions to raise or lower their property tax budgets, giving residents a direct vote on these financial decisions. It establishes specific procedures for these initiatives, including requiring signatures from at least 20% of qualified voters in the district and setting deadlines for petition submission and verification. The bill also updates existing budget limit rules for these districts, allowing them to calculate budget requests differently than other taxing entities, particularly regarding growth factors and annexed property values.