Amends existing law to revise provisions regarding a property tax exemption for certain low-income housing owned by nonprofit organizations.

This bill amends Idaho Code §63-602GG. Current law does not allow a nonprofit organization that owns low income housing to hire professional property management without loosing the property tax exemption they rely on to maintain affordable housing. This one word change simply allows a nonprofit entity that owns low income housing to hire a non-related nonprofit property management company to manage their properties.