This bill amends Section 63-602G of the Idaho Code, which pertains to the homestead exemption from property taxation. Key changes include the requirement for homeowners to provide their Idaho state-issued driver's license or identification card number on the application form, with exceptions for active military service members and those who have not been domiciled in Idaho for at least 90 days. Additionally, the bill clarifies that the exemption will be effective on the date of application and outlines the process for recovering improperly claimed exemptions, including penalties for taxpayers who claim multiple homestead exemptions.

The bill also establishes a new requirement for the state tax commission to create a searchable database of all active exemptions by July 1, 2023, to ensure that multiple exemptions are not claimed by the same individual and to verify residency for voting purposes. Furthermore, it includes provisions to protect the exemption status of homesteads in cases of the owner's absence due to active military service or death, ensuring continuity of the exemption for the estate. The bill declares an emergency, making it effective immediately upon passage and retroactively applicable to January 1, 2025.

Statutes affected:
Bill Text: 63-602G