Idaho Capitol Watch
HB 406: PROPERTY TAXES – Amends existing law to revise provisions regarding a property tax exemption for certain low-income housing owned by nonprofit organizations.
Amends Idaho Code 63-602GG to revise property tax exemptions for low-income housing owned by qualified nonprofit organizations, expanding ownership structures, adding tenant protections, and setting income-based rental requirements.
Status
Reported Printed (March 14, 2025) · Originated in the Idaho House · Introduced March 13, 2025
Sponsors
- REVENUE AND TAXATION COMMITTEE
Committees
- JRA for Printing
Bill history
- March 13, 2025 — House: Introduced, read first time, referred to JRA for Printing
- March 14, 2025 — House: Reported Printed and Referred to Revenue & Taxation
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