Budget & Taxes (Revenue)

This bill modifies Idaho's budget limit rules for taxing districts, allowing them to request property tax revenue increases under specific conditions. It primarily affects local governments such as cities, fire protection districts, and other taxing entities by adjusting how much they can raise in property taxes for their annual budgets. The key changes include allowing a maximum budget increase of 8% for most districts, with a 15% limit for smaller cities under 30,000 people, and creating a mechanism for districts to recover previously unused budget increases in future years. The bill also clarifies calculations for new construction and annexed property, while excluding school district levies from these limits.

This bill eliminates the Commission on Hispanic Affairs from Idaho law and removes it from the list of organizations eligible for state income tax credits. The legislation repeals the existing chapter governing the commission and amends tax code sections to delete references to the commission in tobacco tax revenue allocations and charitable contribution tax credit provisions. While the bill removes the commission's legal status and funding sources, it does not address the underlying policy goals or community needs the commission previously served. The changes take effect on July 1, 2027, following a legislative intent to reduce government bureaucracy.