Idaho Capitol Watch
HB 354: PROPERTY TAXES – Amends existing law to revise provisions related to the assessment of market value and the homestead exemption.
Revises Idaho property tax laws by amending market value assessment rules, shifting burden of proof in certain tax appeals, clarifying homestead exemption proration procedures, and updating property tax payment deadlines. Effective January 1, 2026.
Status
Signed by Governor (March 31, 2025) · Originated in the Idaho House · Introduced March 3, 2025
Sponsors
- REVENUE AND TAXATION COMMITTEE
- LEGISLATURE OF THE STATE OF IDAHO
- Sixty-eighth Legislature First Regular Session - 2025
- Legislative Co-sponsors
- RS32523 / H0354
- H 354
Committees
- JRA for Printing
Bill history
- March 14, 2025 — Senate: Read second time; filed for Third Reading
- March 19, 2025 — Senate: Read third time in full – PASSED - 34-0-1AYES – Adams, Anthon, Bearg(Rabe), Bernt, Bjerke, Blaylock, Burtenshaw, Carlson, Cook, Den Hartog, Foreman, Galloway, Grow, Guthrie, Harris, Hart, Keyser, Kohl (passed)
- March 20, 2025 — House: Reported Enrolled; Signed by Speaker; Transmitted to Senate
- March 21, 2025 — Senate: Received from the House enrolled/signed by Speaker
- March 21, 2025 — Senate: Signed by President; returned to House
- March 24, 2025 — Senate: Returned Signed by the President; Ordered Transmitted to Governor
- March 24, 2025 — Senate: Delivered to Governor at 12:03 p.m. on March 24, 2025
- March 31, 2025 — Senate: Reported Signed by Governor on March 28, 2025 Session Law Chapter 202 Effective: 01/01/2026
If this preview does not update automatically, use the full page link.