STATEMENT OF PURPOSE
RS27737 / H0552
This legislation would amend Idaho Code section 63-704 and 63-705A by adding language that would increase
the number of disabled veterans who are eligible to receive a property tax credit. Aside from the circuit breaker,
current code only allows an additional property tax credit for disabled veterans who have a service-connect
disability of 100%. Some disabled veterans are being paid at the 100% rate because they are unemployable
due to their disability, but their actual service-connected disability is less than 100%. This legislation would
open up the tax credit to include all disabled veterans who being paid at the 100% rate. This updated version
includes an emergency clause to include eligibility for the 2020 tax year.
The Idaho Tax Commission estimates this legislation would have a $982,000 impact on the general fund.
As of August 31, 2019 there are 2,227 veterans receiving individual unemployability (IU) from the Veterans
Administration. Approximately 1,091 of those are homeowners that are not currently receiving tax credits from
the Circuit Breaker program and they would be eligible for the new credit. The $982,000 estimate uses $900
as an average benefit for the new applicants. Any costs to local government would be negligible because they
only process the applications.
Representative Priscilla Giddings
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: 02/24/2020, 9:32 AMStatutes affected:
Bill Text: 63-704, 63-705A