Idaho Capitol Watch

HB 961: TAXATION – Amends and adds to existing law to expand the homestead property tax exemption, to increase the sales tax rate, and to direct sales tax revenue to taxing districts to replace property tax revenue lost from the homestead exemption expansion.

Expands Idaho's homestead property tax exemption for homeowners, increases the sales tax rate, and redirects additional sales tax revenue to local taxing districts to offset lost property tax income.

Status

Reported Printed (March 27, 2026) · Originated in the Idaho House · Introduced March 27, 2026

Sponsors

  • WAYS AND MEANS COMMITTEE

Committees

  • JRA for Printing

Bill history

  • March 27, 2026 — House: Introduced, read first time, referred to JRA for Printing
  • March 27, 2026 — House: Reported Printed and Referred to Ways & Means

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Canonical URL: https://idahocapitolwatch.com/bills/2026-HB961