STATEMENT OF PURPOSE
RS30260 / S1055
This legislation revises the parameters in Idaho Code §33-802A regarding school district voter approved bond
repayments. Currently, school board trustees can levy between 12 months and 21 months for annual bond
payments from property taxpayers. This legislation adjusts those levy parameters down to between 12 months
and 14 months.
FISCAL NOTE
There is no anticipated impact to the state general fund since school bond repayments are collected on local
county property tax statements. Local property taxpayers will see a reduction in their school bond obligation
if more than 14 month payment was being collected annually on a particular bond.
Contact:
Senator Doug Ricks
(208) 332-1301
DISCLAIMER: This statement of purpose and fiscal note are a mere attachment to this bill and prepared by a proponent
of the bill. It is neither intended as an expression of legislative intent nor intended for any use outside of the legislative
process, including judicial review (Joint Rule 18).
Statement of Purpose / Fiscal Note Bill SOP/FN INTRODUCED: 02/08/2023, 7:55 AM


Statutes affected:
Bill Text: 33-802A
Engrossment 1: 33-802A