Idaho Bills
9 bills · 2022 Regular Session
Amends existing law to provide for investigation by a county assessor into a person's entitlement to the homestead tax exemption.
This legislation enables the Tax Commission to disclose relevant information to the county assessors to assure that residents of Idaho receive only one homeowners' exemption. It also provides for an appeal process for homeowners who are denied a homeowners' exemption.
32 – 1
Amends existing law to provide that taxing districts must deduct certain sales and use tax revenue growth from the property tax budget limitations.
Each year the state collects 6% sales tax. Of the amount of sales tax collected, 11.5% is distributed to local taxing districts. This legislation states that 50% of any new year-over-year increase in revenue sharing with local taxing districts shall be dedicated to property tax relief.
43 – 24
Adds to existing law to establish the County and City Property Tax Relief Fund from general funds.
48 – 13
Amends and adds to existing law to provide property tax relief for owner-occupied homesteads, to increase the grocery tax credit, and to raise the sales and use tax rate to provide replacement funding for local tax areas.
Amends and adds to existing law to provide property tax relief for owner-occupied homesteads, to increase the grocery tax credit, and to raise the sales and use tax rate to provide replacement funding for local tax areas.
Amends and adds to existing law to provide sales tax revenues to school districts and to revise provisions regarding school levy authority.
This bill relates to taxation. It revises provisions regarding school levies; establishes the Tax and Levy Reduction Fund; revises distributions from the Tax Relief Fund; revises provisions regarding the distribution of certain sales tax; and revises the sales tax revenue distribution formula.
Amends existing law to establish the County and City Property Tax Relief Fund.
This legislation provides property tax relief to all property owners in Idaho. When the legislature created the “tax relief fund” (or the Wayfair account), online sales taxes collected were exempted from the normal sales tax revenue sharing formula with Cities, Counties and local taxing districts. This legislation will provide that 12% of online sales tax collections will be distributed 50% to the Cities and 50% to the counties. Of the 50% to the Cities and the 50% to the Counties, half of those distributions must be used for property tax relief. In 2024 the provision that excluded local taxing districts from receiving 11.5% of the online sales tax collections is set to expire. In an effort to provide property tax relief in 2023, $50 million from general funds will be provided to the Cities and Counties of which 50% will have to be used for property tax relief. In 2024, the 12% of online sales tax collections will be divided 50% to Cities and 50% to the Counties and half of said funds must be used to reduce property taxes.
States findings of the Legislature and requests that Governor Jay Inslee of Washington oppose and veto a proposed tax on fuel exports from Washington to Idaho.
This joint memorial is a message to the Governor of Washington opposing a proposed Washington law that would impose a tax on fuel exported by Washington to Idaho.
65 – 0
Amends, adds to, and repeals existing law to exempt sales of food from sales tax, to increase revenue sharing, to repeal the grocery income tax credit, and to provide for a distribution of moneys from the Tax Relief Fund.
This legislation repeals the sales tax on groceries using the definition of food employed by the Supplemental Nutrition Assistance Program (SNAP) and ends the grocery tax credit. It increases the revenue sharing to local governments to prevent an impact on property taxes. It uses funds available in the Tax Relief Fund to partially offset the impact to the General Fund.
Lauren Necochea · HD-019A