This bill amends Chapter 13, Title 50 of the Idaho Code by adding a new section, 50-1335, which provides exemptions from subdivision requirements for certain divisions of land. Specifically, the bill allows for the division of land outside of platted subdivisions for the purpose of a single gift or sale to a member of the landowner's immediate family, provided that the division is not intended to evade existing laws. The bill outlines specific criteria for these exemptions, including the definition of immediate family, the purpose of the division, and the duration of land ownership prior to the division.

Additionally, the bill stipulates that parcels created under this exemption must be titled in the name of the immediate family member for a minimum period, and it sets conditions for further division of parcels smaller than five acres. It also includes provisions for business entities where a significant majority of ownership is held by related individuals, allowing for similar transfers to immediate family members. The act is set to take effect on July 1, 2026, and declares an emergency to justify its immediate implementation.