Bill Description: House Bill 843 would simplify the calculation of the property tax homestead exemption by removing the requirement that it be prorated.
Rating: +1
Does it increase government spending (for objectionable purposes) or debt? Conversely, does it decrease government spending or debt?
House Bill 843 would amend Section 63-602G, Idaho Code, which deals with the property tax homestead exemption, to remove language requiring the calculation to be prorated based on when a property becomes eligible or ineligible during a year.
This will simplify calculations for both homeowners and counties, and eliminate some inconsistent applications of the law, which can occur when people move or change primary residences in Idaho.
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