Idaho Capitol Watch
HB 304: PROPERTY TAX RELIEF – Amends existing law to provide for property tax relief.
Provides $100 million annual property tax relief starting FY2025: $50M to School District Facilities Fund for school bonds/levies/maintenance, $50M to Homeowner Property Tax Relief account. Revises fund distribution formulas and declares emergency.
Status
Signed by Governor (March 27, 2025) · Originated in the Idaho House · Introduced February 21, 2025
Sponsors
- REVENUE AND TAXATION COMMITTEE
Committees
- JRA for Printing
Bill history
- March 13, 2025 — Senate: Read second time; filed for Third Reading
- March 17, 2025 — Senate: Read third time in full – PASSED - 35-0-0AYES – Adams, Anthon, Bearg(Rabe), Bernt, Bjerke, Blaylock, Burtenshaw, Carlson, Cook, Den Hartog, Foreman, Galloway, Grow, Guthrie, Harris, Hart, Keyser, Kohl (passed)
- March 19, 2025 — House: Reported Enrolled; Signed by Speaker; Transmitted to Senate
- March 19, 2025 — Senate: Received from the House enrolled/signed by Speaker
- March 19, 2025 — Senate: Signed by President; returned to House
- March 20, 2025 — Senate: Returned Signed by the President; Ordered Transmitted to Governor
- March 20, 2025 — Senate: Delivered to Governor at 10:57 a.m. on March 20, 2025
- March 27, 2025 — Senate: Reported Signed by Governor on March 26, 2025 Session Law Chapter 175 Effective: 03/26/2025
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