STATEMENT OF PURPOSE
RS27228 / H0381
Consistent with the Red Tape Reduction Act, this bill seeks to eliminate obsolete and unnecessary restrictions.
Specifically, this bill adds one item to the Property Tax Administration statute that allows the Tax Commission
to delete an entire rule from the administrative code. The statute, 63-701 of the Idaho Code currently contains
all the requirements to claim property tax relief except proving the claimant is a lawful resident. Adding the
resident requirement to the statute makes the rule unnecessary. Also, a small but important change is made in
63-701(g)(5). The word "or" is changed to "and" to clear up confusion about when medical costs are deductible.
This bill also repeals the Idaho Estate and Transfer Tax Reform Act of 1988. The Idaho estate and transfer tax
was tied to a federal estate tax that was repealed by the Economic Growth and Tax Relief Reconciliation Act of
2001. The repeal of the federal law imposed a 4-year phase out which ended on December 31, 2004. Repealing
the statute does not prevent a taxpayer from filing a return if the decedent died prior to January 1, 2005.
FISCAL NOTE
There is no fiscal impact to this bill. There is no change in the requirements or the function of the Property Tax
Administration program. Additionally, it simply removes an obsolete statute that is not being used.
Contact:
Tom Shaner
Tax Commission
(208) 334-7518
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: 01/30/2020, 8:37 AM


Statutes affected:
Bill Text: 63-701