Budget & Taxes (Property Tax)

failed · Idaho · House Mar 11, 2026

H 610: TAXATION – Amends existing law to revise provisions regarding the homestead exemption.

Idaho's H 610 revises the homestead property tax exemption, setting a new limit of the first $125,000 of a home's market value or 50% of that value (whichever is lower) as exempt from taxation. This directly affects Idaho homeowners who occupy their primary residence, requiring them to apply through county assessors with documentation confirming primary occupancy and compliance with uniform appraisal standards. Key provisions include updated application forms, rules for mid-year eligibility changes (prorating taxes based on days of eligibility), and simplified documentation for military homeowners. The bill does not alter the exemption's eligibility criteria but clarifies calculation methods and administrative processes for county assessors.

Topics ✗ Budget & TaxesOpposes Budget & TaxesReduces homestead exemption cap, increasing taxable value and tax burden for primary residence owners.95% confidence ✓ HousingSupports HousingReduces property tax burden for primary homeowners, increasing housing affordability through revised homestead exemption limits.90% confidence

Sub-Topics Property Tax Tax Incentives Property Taxes

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in committee · Idaho · House Feb 10, 2026

H 609: TAXATION – Amends existing law to revise a sales tax exemption for data center equipment and to revise a property tax exemption for certain capital investments.

This bill revises Idaho's tax exemptions for data center equipment and capital investments. It extends a sales tax exemption for eligible server equipment, chillers, and new data center facilities (like buildings and cooling systems) but requires qualifying businesses to commit to investing at least $250 million in Idaho data centers within five years and creating 30+ new, full-time jobs. The exemption also mandates water conservation practices for data centers (e.g., recycling cooling water, using reclaimed water) and requires businesses to notify local water providers about anticipated water needs. If businesses fail to meet investment or job targets within the specified timeframes, they must pay retroactive sales or use taxes. The changes apply only to new data center projects meeting these criteria, not existing tax exemptions.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends tax exemptions for data centers with investment/job requirements, providing targeted tax relief to businesses under Budget & Taxes policy framework.95% confidence ✓ EnvironmentSupports EnvironmentBill mandates water conservation practices (e.g., cooling water recycling) for data centers, directly advancing environmental protection through regulatory requirements.85% confidence ✓ TechnologySupports TechnologyExtends tax exemptions for data center infrastructure, incentivizing investment and job creation in tech facilities, aligning with tech growth support.90% confidence

Sub-Topics Property Tax Sales Tax Tax Incentives Conservation Recycling

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signed · Idaho · House Mar 30, 2026

H 722: TAXATION – Amends existing law to revise provisions regarding certain rate-regulated electric companies and gas companies.

H 722 revises Idaho's tax rules for rate-regulated electric and gas utility companies. It updates how property taxes are calculated and distributed to counties, requiring the state tax commission to verify utility investments every five years and establish a dedicated "rate-regulated tax fund." The bill changes the method for apportioning tax revenue based on 2025 property tax data and adjusts distributions when local taxing districts dissolve. These changes directly affect electric/gas utilities and local governments that receive tax revenue from these companies.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill revises utility tax calculations, mandates investment verification, and creates dedicated tax fund to enhance fiscal management and revenue distribution.85% confidence

Sub-Topics Property Tax Revenue

signed · Idaho · House Mar 13, 2026

H 594: TAXATION – Amends existing law to revise provisions regarding late charges and interest on certain taxes due and the apportionment of collected late charges and interest to taxing districts.

H 594 revises Idaho's property tax rules to ensure late fees and interest on overdue payments are distributed proportionally to local taxing districts (like cities, schools, and road districts). It requires county tax collectors to remit all late charges and interest to county auditors, who must then allocate these funds in the same ratio as each district's share of regular property tax revenue. The bill takes effect July 1, 2026, and applies to all property tax collections handled by county tax collectors and auditors.

Topics ✓ Budget & TaxesSupports Budget & TaxesEnsures proportional distribution of property tax late fees to local districts, promoting fiscal accountability and consistent revenue streams for counties/schools per tax allocation rules.92% confidence

Sub-Topics Property Tax Revenue

failed · Idaho · House Mar 25, 2026

H 760: TAXATION – Amends existing law to revise provisions regarding a certain property tax exemption for low-income housing.

Idaho's H 760 revises property tax exemptions for low-income housing owned by nonprofit organizations. It requires qualifying nonprofits to meet specific criteria, including federal 501(c)(3) status and ensuring no private benefit from tax exemptions. The bill mandates that 55% of units must rent to residents earning ≤60% of local median income, 20% to those earning ≤50%, and 25% to those earning ≤30%, with annual compliance reports to counties. It also adds protections preventing evictions for three months after certified medical emergencies and prohibits the exemption for properties with financing closed by July 1, 2026, unless undergoing rehabilitation.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill tightens property tax exemption criteria for low-income housing nonprofits, ensuring tax benefits serve intended residents and promoting fiscal accountability through strict income requirements and compliance reporting.95% confidence ✓ HousingSupports HousingMandates 55% units for ≤60% AMI, requires 501(c)(3) nonprofits, and ensures tax exemptions directly advance affordable housing access per income thresholds.95% confidence

Sub-Topics Property Tax Tax Incentives Affordable Housing Property Taxes Renters

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signed · Idaho · House Mar 18, 2026

H 636: EDUCATION – Amends existing law to revise provisions regarding the School District Facilities Fund.

Idaho's H 636 revises how school districts access state funds for building and maintenance projects. It creates a dedicated School District Facilities Fund in the state treasury, using money from specific tax codes and legislative appropriations. The fund must be distributed by August 1 each year to school districts based on student attendance, with strict spending priorities: first paying existing school bonds and required levies, then allowing use for new construction, renovations, or maintenance. This reduces property tax levies for school districts since these funds replace some local tax revenue, directly affecting all Idaho school districts and their property taxpayers. The bill also includes temporary adjustments for fiscal years 2025-2026 related to bond levy equalization.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates dedicated fund using tax revenues for school facilities, ensuring consistent funding for essential education infrastructure.90% confidence ✓ EducationSupports EducationCreates dedicated School District Facilities Fund for school construction/maintenance, directly increasing infrastructure funding through structured distribution.95% confidence

Sub-Topics Property Tax Revenue School Funding

signed · Idaho · House Mar 12, 2026

H 551: TAXATION – Amends existing law to revise a provision regarding the assessment of certain property.

This Idaho bill (H 551) revises how counties assess property taxes for new construction. It requires counties to include only 90% of the taxable market value increase from new buildings, additions, or manufactured housing in property tax rolls - down from 100% under prior law. Exceptions apply to certain urban renewal areas (80% valuation) and specific cases like electricity generation improvements or previously exempt state university facilities. The change directly affects property owners who build new structures or make significant additions, as it reduces the tax burden on new construction value. The bill also clarifies reporting deadlines for county assessors and the state tax commission.

Topics ✓ Budget & TaxesSupports Budget & TaxesReduces property tax assessments for new construction, lowering tax burden for owners. Aligns with tax relief indicators under 'support'.95% confidence ✓ HousingSupports HousingReduces property tax burden on new construction (90% vs 100% valuation), lowering development costs and potentially increasing housing supply and affordability.85% confidence

Sub-Topics Property Tax Property Taxes