Idaho Capitol Watch

HB 74: PROPERTY TAX RELIEF – Amends existing law to provide for property tax relief.

Provides $100 million in additional property tax relief for FY2025: $50M one-time transfer from bond levy equalization fund to homeowner relief account, plus $50M annual transfer from tax relief fund to school district facilities fund to offset school levies, bonds, and facilities costs.

Status

Reported Printed (January 29, 2025) · Originated in the Idaho House · Introduced January 28, 2025

Sponsors

  • REVENUE AND TAXATION COMMITTEE

Committees

  • JRA for Printing

Bill history

  • January 28, 2025 — House: Introduced, read first time, referred to JRA for Printing
  • January 29, 2025 — House: Reported Printed and Referred to Revenue & Taxation

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Canonical URL: https://idahocapitolwatch.com/bills/2025-HB74