The bill amends Section 63-602G of the Idaho Code to introduce a new property tax exemption for homeowners with school-age children who are not enrolled in public schools. Starting in 2025, these homeowners will be exempt from all property tax levies authorized in Title 33 of the Idaho Code, provided they have at least one qualifying child aged five to eighteen. The bill clarifies that this exemption does not apply if the homestead is occupied by children who do not meet the specified criteria. Additionally, it includes technical amendments to streamline the application process, stating that homeowners need only apply once as long as they continue to meet the eligibility requirements.

Furthermore, the legislation establishes a searchable database for tracking homestead exemptions to prevent multiple claims by the same individual and ensure alignment between voting residence and homestead. It also revises the process for creating a new construction roll, detailing the necessary information to be included, and allows the state tax commission to share tax information with certain officials. The bill mandates that taxpayers provide their primary dwelling location to verify eligibility for homeowner exemptions and includes an emergency declaration for retroactive application of the new provisions, effective from January 1, 2025.

Statutes affected:
Bill Text: 63-602G, 63-301A, 63-3077