All Roll Calls
Yes: 103 • No: 0
IdahoH 03042025 regular legislative sessionHouseWALLET
PROPERTY TAX RELIEF – Amends existing law to provide for property tax relief.
Sponsored By: REVENUE AND TAXATION COMMITTEE
Signed by Governor
PROPERTY TAX RELIEF
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Bill Overview
Analyzed Economic Effects
4 provisions identified: 3 benefits, 0 costs, 1 mixed.
State funding offsets local school taxes
Each fiscal year-end, Idaho sends its school facilities fund 20% of annual Tax Relief Fund distributions, plus $50 million. The money stays available for approved school uses without a new appropriation each year. Districts must first use it to replace local taxes for existing bonds, eligible supplemental levies, and plant facility levies, in that order. Remaining money can support school construction, repairs, security, other approved facility costs, or reserves. Districts must deduct the replacement funding from their property tax levies and show the savings on tax notices.
Remaining tax relief money funds state budget
At fiscal year-end, Idaho first makes the required transfers from the Tax Relief Fund. It then moves the remaining balance or $236 million, whichever is less, to the General Fund. This supports the general state budget while leaving less money in the Tax Relief Fund. The provision does not specify a household tax change or which services receive the money.
Annual funding for homeowner tax relief
Each fiscal year-end, Idaho transfers $50 million from the Tax Relief Fund to the Homeowner Property Tax Relief Account. This supports property tax relief for homeowners. This funding provision does not set household eligibility rules or say how much any homeowner receives.
Annual state funding for public defense
Each fiscal year-end, Idaho transfers $39 million from the Tax Relief Fund to the State Public Defense Fund. The money supports public defense services. This provision does not set an individual payment or change household costs directly.
Sponsors & Cosponsors
Sponsor
REVENUE AND TAXATION COMMITTEE
Affiliation unavailable
Cosponsors
C. Scott Grow
Republican • Senate
Jason A. Monks
Republican • House
Roll Call Votes
Senate vote • 3/17/2025
Senate Floor Vote
Yes: 35 • No: 0
House vote • 3/4/2025
House Floor Vote
Yes: 68 • No: 0
Actions Timeline
Reported Signed by Governor on March 26, 2025 Session Law Chapter 175 Effective: 03/26/2025
3/27/2025Delivered to Governor at 10:57 a.m. on March 20, 2025
3/20/2025Returned Signed by the President; Ordered Transmitted to Governor
3/20/2025SenateSigned by President; returned to House
3/19/2025SenateReceived from the House enrolled/signed by Speaker
3/19/2025SenateReported Enrolled; Signed by Speaker; Transmitted to Senate
3/19/2025HouseReturned from Senate Passed; to JRA for Enrolling
3/18/2025HouseRead third time in full – PASSED - 35-0-0
3/17/2025SenateRead second time; filed for Third Reading
3/13/2025SenateReported out of Committee with Do Pass Recommendation; Filed for second reading
3/12/2025SenateIntroduced, read first time; referred to: Local Government & Taxation
3/5/2025SenateReceived from the House passed; filed for first reading
3/5/2025SenateRead Third Time in Full – PASSED - 68-0-2
3/4/2025HouseU.C. to hold place on third reading calendar one legislative day
3/3/2025HouseU.C. to hold place on third reading calendar until Monday, March 3, 2025
2/28/2025HouseU.C. to hold place on third reading calendar one legislative day
2/27/2025HouseU.C. to hold place on third reading calendar one legislative day
2/26/2025HouseU.C. to place at bottom of House bills of third reading calendar one legislative day
2/26/2025HouseRead second time; Filed for Third Reading
2/25/2025HouseReported Printed; Filed for Second Reading
2/24/2025HouseIntroduced, read first time, referred to JRA for Printing
2/21/2025House
Bill Text
Bill Text
Related Bills
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H 0130, PROPERTY TAXES – Amends existing law to provide that a county board of equalization may exempt the property of certain hospitals from property taxes.
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H 0266, IDAHO BUILDING CODE ACT – Adds to existing law to provide for certain live virtual re-inspections and to provide for timely inspections and the option for third-party inspections in certain situations.
H 0236, EDUCATION – Amends existing law to revise provisions regarding denial of school attendance and denial of transfer enrollment applications.
H 0282, PROPERTY – Amends existing law to revise provisions regarding homestead property.