The proposed bill introduces a new chapter, Chapter 26, to Title 63 of the Idaho Code, titled the "County Property Tax Relief Act." This legislation allows county residents to approve a county transient room tax, which can be levied by the Board of County Commissioners at a rate not exceeding three percent of sales from hotels, motels, short-term rentals, and campgrounds. The bill outlines the authority for counties to implement this tax, the requirement for voter approval, and the specific uses of the tax revenue, which must include at least fifty percent allocated to a County Property Tax Relief Fund aimed at reducing property tax burdens for homeowners.

Additionally, the bill amends Section 63-1804 of the Idaho Code to clarify the duties of short-term rental marketplaces and their obligations regarding tax collection. It specifies that if a short-term rental owner offers their property directly to occupants without using a marketplace, they must still comply with all relevant tax requirements. The bill also includes technical corrections and establishes a timeline for the implementation of these provisions, declaring an emergency for the act to take effect on July 1, 2025.

Statutes affected:
Bill Text: 63-1804