2001 Legislation
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HOUSE BILL NO. 118 – State guaranteed school support

HOUSE BILL NO. 118

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Daily Data Tracking History



H0118..............................................................by TRAIL
STATE GUARANTEED SCHOOL SUPPORT - Adds to existing law to provide for state
guaranteed school support; and to provide for a procedure in calculating
tax levies for supplemental, plant facilities and bond funds for school
districts.
                                                                        
01/30    House intro - 1st rdg - to printing
01/31    Rpt prt - House desk
02/01    To Rev/Tax

Bill Text


                                                                        
                                                                        
  ||||              LEGISLATURE OF THE STATE OF IDAHO             ||||
 Fifty-sixth Legislature                  First Regular Session - 2001
                                                                        
                                                                        
                              IN THE HOUSE OF REPRESENTATIVES
                                                                        
                                     HOUSE BILL NO. 118
                                                                        
                                          BY TRAIL
                                                                        
  1                                        AN ACT
  2    RELATING TO LEVY AND APPORTIONMENT OF TAXES; AMENDING CHAPTER 8, TITLE 63,  BY
  3        THE  ADDITION  OF  A NEW SECTION 63-803A, IDAHO CODE, TO PROVIDE FOR STATE
  4        GUARANTEED SCHOOL SUPPORT AND TO PROVIDE FOR A  PROCEDURE  IN  CALCULATING
  5        TAX  LEVIES  FOR  SUPPLEMENTAL,  PLANT FACILITIES AND BOND FUNDS OF SCHOOL
  6        DISTRICTS; DECLARING AN EMERGENCY AND PROVIDING RETROACTIVE APPLICATION.
                                                                        
  7    Be It Enacted by the Legislature of the State of Idaho:
                                                                        
  8        SECTION 1.  That Chapter 8, Title 63, Idaho Code,  be,  and  the  same  is
  9    hereby  amended by the addition thereto of a NEW SECTION, to be known and des-
 10    ignated as Section 63-803A, Idaho Code, and to read as follows:
                                                                        
 11        63-803A.  STATE GUARANTEED SCHOOL SUPPORT. (1) For the purpose  of  calcu-
 12    lating  tax levies for school district or chartered school district supplemen-
 13    tal, plant facilities and bond funds, the following procedure shall apply. The
 14    state tax commission shall subtract the taxable value in each school  district
 15    as shown on the abstract of the property roll of the current tax year from the
 16    taxable  value  in  each  school district as shown on the abstract of the 1999
 17    property roll. If the difference is greater than zero (0), it shall  be  known
 18    as  the property tax replacement value. The state tax commission shall, by the
 19    first Monday of September, inform the county commissioners of every county  in
 20    which each affected school district is located of the property tax replacement
 21    value.  The  county commissioners shall add the property tax replacement value
 22    to the taxable value of all property in the school district and shall use  the
 23    resulting  amount  to  compute each tax levy pursuant to section 63-803, Idaho
 24    Code. After the state tax commission approves such levies, it  shall  multiply
 25    the property tax replacement value for each school district by the appropriate
 26    levy.  The  state tax commission shall, by the fourth Monday in November, cer-
 27    tify the resulting dollar amount to the state department of education for dis-
 28    tribution to affected school districts. Distributions calculated  as  provided
 29    in  this  section  shall  be  made  to  school  districts  in  two  (2)  equal
 30    installments on the due dates as specified  in section 63-903, Idaho Code, for
 31    the property taxes being replaced.
 32        (2)  Replacement  shall  be made by warrants drawn by the state controller
 33    against the budget stabilization fund established  in  section  57-814,  Idaho
 34    Code, and for that purpose the money in the fund is hereby appropriated.
 35        (3)  Once  the taxable value, as defined in section 63-803(4), Idaho Code,
 36    for assessment purposes of the school district reaches the December 31,  1999,
 37    actual  market  value  for assessment purposes, the provisions of this section
 38    shall no longer apply.
                                                                        
 39        SECTION 2.  An emergency existing  therefor,  which  emergency  is  hereby
 40    declared to exist, this act shall be in full force and effect on and after its
 41    passage and approval, and retroactively to January 1, 2001.

Statement of Purpose / Fiscal Impact


                       STATEMENT OF PURPOSE

                            RS 10883
The legislative intent is that for the purpose of calculating tax
levies for school districts or chartered school district
supplementals, plant facilities and bond funds, the following
procedure will apply. The State Tax Commission shall subtract the
taxable value in each school district as shown on the abstract of the
property roll of the current tax year from the taxable value in each
school district as shown on the abstract of the 1999 property roll. If
the difference is greater than zero, it shall be known as the property
tax replacement value. The State Tax Commission shall inform the
county commissioners of every county in which each affected school
district is located of the property tax replacement value. The county
commissioners shall add the property tax replacement value to the
taxable value of all property in the school district and will use the
resulting amount to compute each tax levy pursuant to Section 63-803,
Idaho Code. After the State Tax Commission approves these levies, it
shall multiply the property tax replacement value for each school
district by the appropriate levy. Replacement shall be made by
warrants drawn by the state controller against the Budget
Stabilization Fund established in Section 57-814, Idaho Code. Once the
taxable value, as defined in Section 63-803 (4), Idaho Code, reaches
the December 31, 1999 actual market value for assessment purposes, the
provisions of this section shall no longer apply.



                         FISCAL IMPACT
                                
The estimated impact on the General Fund is at a cost of
$500,000.








Contact
      Name: Rep. Tom Trail
      Phone:     332 1202
Dr. Daryl Bertelsen
       Phone: (208) 334 5397



STATEMENT OF PURPOSE/FISCAL NOTE                           H 11