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H0424...............................................by REVENUE AND TAXATION
SCHOOLS - Amends and repeals existing law to reduce school maintenance and
operation levies; and to delete the law relating to property tax
replacement for schools.
01/19 House intro - 1st rdg - to printing
01/20 Rpt prt - to Rev/Tax
]]]] LEGISLATURE OF THE STATE OF IDAHO ]]]]
Fifty-eighth Legislature Second Regular Session - 2006
IN THE HOUSE OF REPRESENTATIVES
HOUSE BILL NO. 424
BY REVENUE AND TAXATION COMMITTEE
1 AN ACT
2 RELATING TO SCHOOL LEVIES; AMENDING SECTION 33-802, IDAHO CODE, TO REDUCE THE
3 MAINTENANCE AND OPERATION LEVY; AMENDING SECTION 33-1002, IDAHO CODE, TO
4 REDUCE THE LOCAL DISTRICT'S CONTRIBUTION, TO REQUIRE SCHOOL DISTRICTS TO
5 REDUCE THEIR LOCAL DISTRICT CONTRIBUTION TO BE ELIGIBLE FOR EDUCATION SUP-
6 PORT PROGRAM DISTRIBUTIONS AND TO MAKE A TECHNICAL CORRECTION; REPEALING
7 SECTION 33-1002D, IDAHO CODE, RELATING TO PROPERTY TAX REPLACEMENT; AMEND-
8 ING SECTION 63-3638, IDAHO CODE, TO DELETE A CODE REFERENCE; DECLARING AN
9 EMERGENCY AND PROVIDING RETROACTIVE APPLICATION.
10 Be It Enacted by the Legislature of the State of Idaho:
11 SECTION 1. That Section 33-802, Idaho Code, be, and the same is hereby
12 amended to read as follows:
13 33-802. SCHOOL LEVIES. Any tax levied for school purposes shall be a lien
14 on the property against which the tax is levied. The board of trustees shall
15 determine the levies upon each dollar of taxable property in the district for
16 the ensuing fiscal year as follows:
17 1. Bond, Interest and Judgment Obligation Levies. Such levies as shall be
18 required to satisfy all maturing bond, bond interest, and judgment obliga-
19 tions.
20 2. Maximum School Maintenance and Operation Levies. Such levies for main-
21 taining and operating the schools of the district and for the payment of
22 tuition and transportation, that do not exceed an amount equal to four-tenths
23 of one percent (.4%) during tax year 1994, and do not exceed an amount equal
24 to three-tenths fifteen-hundredths of one percent (.315%) during tax year 1995
25 2006 and thereafter, applied to the actual or adjusted market value for
26 assessment purposes of the district as such valuation existed on December 31
27 of the previous year, but allowances necessary as a credit for prepaid taxes,
28 as provided in section 63-1607, Idaho Code, shall not be included in such max-
29 imum levies. Provided however, that in the event property within a district's
30 boundaries is contained in a revenue allocation area established under chapter
31 29, title 50, Idaho Code, and such revenue allocation area has given notice of
32 termination thereunder, then, only for the purpose of determining the levy
33 described in this subsection, the district may add the increment value, as
34 defined in section 50-2903, Idaho Code, to the actual or adjusted market value
35 for assessment purposes of the district as such value existed on December 31
36 of the previous year.
37 3. Authorized School Maintenance and Operation Levies. Such levies for
38 maintaining and operating the schools of the district and for the payment of
39 tuition and transportation that do not exceed one hundred eleven percent
40 (111%) of the local district's contribution authorized in subsection 2. of
41 section 33-1002, Idaho Code. Implementation of the provisions of this subsec-
42 tion shall be authorized only after approval by a majority of the district's
43 electors voting on the question. Levies otherwise authorized by law shall not
2
1 require an election.
2 4. Supplemental Maintenance and Operation Levies. No levy in excess of
3 the levy permitted by subsection 2. or 3. of this section shall be made by a
4 noncharter school district unless such a supplemental levy in a specified
5 amount and for a specified time not to exceed two (2) years be first autho-
6 rized through an election held pursuant to chapter 4, title 33, Idaho Code,
7 and approved by a majority of the district electors voting in such election. A
8 levy approved pursuant to this subsection may be reduced by a majority vote of
9 the board of trustees in the second year.
10 5. Charter District Supplemental Maintenance and Operation. Levies pursu-
11 ant to the respective charter of any such charter district shall be first
12 authorized through an election held pursuant to chapter 4, title 33, Idaho
13 Code, and approved by a majority of the district electors voting in such elec-
14 tion.
15 6. The Local District Contribution. The local school district contribu-
16 tion levy is the amount utilized for calculating local district participation
17 in the educational foundation program, which is applied to the adjusted market
18 value for assessment purposes, as such valuation existed on December 31 of the
19 previous year, together with the increment value, as defined in section
20 50-2903, Idaho Code, if applicable under the circumstance described in subsec-
21 tion 2. of this section, relating to termination of a revenue allocation area.
22 7. The board of trustees of any school district that has, for at least
23 seven (7) consecutive years, been authorized through an election held pursuant
24 to chapter 4, title 33, Idaho Code, to certify a supplemental levy that has
25 annually been equal to or greater than twenty percent (20%) of the total gen-
26 eral maintenance and operation fund, may submit the question of an indefinite
27 term supplemental levy to the electors of the school district. Such question
28 shall clearly state the dollar amount that will be certified annually and that
29 the levy will be for an indefinite number of years. The question must be
30 approved by a majority of the district electors voting on the question in an
31 election held pursuant to chapter 4, title 33, Idaho Code. The levy approved
32 pursuant to this subsection may be reduced by a majority vote of the board of
33 trustees during any fiscal year.
34 SECTION 2. That Section 33-1002, Idaho Code, be, and the same is hereby
35 amended to read as follows:
36 33-1002. EDUCATIONAL SUPPORT PROGRAM. The educational support program is
37 calculated as follows:
38 1. State Educational Support Funds. Add the state appropriation, includ-
39 ing the moneys available in the public school income fund, together with all
40 miscellaneous revenues to determine the total state funds.
41 2. From the total state funds subtract the following amounts needed for
42 state support of special programs provided by a school district:
43 a. Pupil tuition-equivalency allowances as provided in section 33-1002B,
44 Idaho Code;
45 b. Transportation support program as provided in section 33-1006, Idaho
46 Code;
47 c. Feasibility studies allowance as provided in section 33-1007A, Idaho
48 Code;
49 d. The approved costs for border district allowance, provided in section
50 33-1403, Idaho Code, as determined by the state superintendent of public
51 instruction;
52 e. The approved costs for exceptional child approved contract allowance,
53 provided in subsection 2. of section 33-2004, Idaho Code, as determined by
3
1 the state superintendent of public instruction;
2 f. Certain expectant and delivered mothers allowance as provided in sec-
3 tion 33-2006, Idaho Code;
4 g. Salary-based apportionment calculated as provided in sections 33-1004
5 through 33-1004F, Idaho Code;
6 h. Unemployment insurance benefit payments according to the provisions of
7 section 72-1349A, Idaho Code;
8 i. For expenditure as provided by the public school technology program;
9 j. For the support of provisions that provide a safe environment condu-
10 cive to student learning and maintain classroom discipline, an allocation
11 of $300 per support unit; and
12 k. Any additional amounts as required by statute to effect administrative
13 adjustments or as specifically required by the provisions of any bill of
14 appropriation;
15 to secure the state educational support funds.
16 3. Local Districts' Contribution Calculation. Without including any
17 allowance as a credit for prepaid taxes as provided by section 63-1607, Idaho
18 Code, the local districts' contribution shall be the amount appropriated pur-
19 suant to section 33-1002D, Idaho Code, plus three-tenths fifteen-hundredths
20 percent (.315%) during fiscal year 2003-04 2006-07 and each year thereafter,
21 of the total state adjusted market value for assessment purposes for the pre-
22 vious year with such value being determined by the provisions of section
23 63-315, Idaho Code, and four-tenths percent (.4%) during fiscal year 1994-95
24 and each year thereafter, of the cooperative electrical associations' property
25 values that have been derived from the taxes paid in lieu of ad valorem prop-
26 erty taxes for the previous year as provided in section 63-3502, Idaho Code.
27 In order to be eligible to participate in the educational support program pur-
28 suant to this chapter, each district, including specially chartered districts,
29 shall have reduced its local district contribution and property tax levy for
30 maintenance and operation purposes by twenty-five hundredths percent (.25%)
31 from tax year 1993-94.
32 4. Educational Support Program Distribution Funds. Add the local dis-
33 tricts' contribution, subsection 3. of this section, and the state educational
34 support program funds, subsection 1. of this section, together to secure the
35 total educational support program distribution funds.
36 5. Average Daily Attendance. The total state average daily attendance
37 shall be the sum of the average daily attendance of all of the school dis-
38 tricts of the state. The state board of education shall establish rules set-
39 ting forth the procedure to determine average daily attendance and the time
40 for, and method of, submission of such report. Average daily attendance calcu-
41 lation shall be carried out to the nearest hundredth. Computation of average
42 daily attendance shall also be governed by the provisions of section 33-1003A,
43 Idaho Code.
44 6. Support Units. The total state support units shall be determined by
45 using the tables set out hereafter called computation of kindergarten support
46 units, computation of elementary support units, computation of secondary sup-
47 port units, computation of exceptional education support units, and computa-
48 tion of alternative school secondary support units. The sum of all of the
49 total support units of all school districts of the state shall be the total
50 state support units.
51 COMPUTATION OF KINDERGARTEN SUPPORT UNITS
52 Average Daily
53 Attendance Attendance Divisor Units Allowed
54 41 or more .... 40....................... 1 or more as computed
55 31 - 40.99 ADA.... -....................... 1
4
1 26 - 30.99 ADA.... -....................... .85
2 21 - 25.99 ADA.... -....................... .75
3 16 - 20.99 ADA.... -....................... .6
4 8 - 15.99 ADA.... -....................... .5
5 1 - 7.99 ADA.... -....................... count as elementary
6 COMPUTATION OF ELEMENTARY SUPPORT UNITS
7 Average Daily
8 Attendance Attendance Divisor Minimum Units Allowed
9 300 or more ADA........................................ 15
10 ..23...grades 4,5 & 6....
11 ..22...grades 1,2 & 3....1994-95
12 ..21...grades 1,2 & 3....1995-96
13 ..20...grades 1,2 & 3....1996-97
14 and each year thereafter.
15 160 to 299.99 ADA... 20..................... 8.4
16 110 to 159.99 ADA... 19..................... 6.8
17 71.1 to 109.99 ADA... 16..................... 4.7
18 51.7 to 71.0 ADA... 15..................... 4.0
19 33.6 to 51.6 ADA... 13..................... 2.8
20 16.6 to 33.5 ADA... 12..................... 1.4
21 1.0 to 16.5 ADA... n/a.................... 1.0
22 COMPUTATION OF SECONDARY SUPPORT UNITS
23 Average Daily
24 Attendance Attendance Divisor Minimum Units Allowed
25 750 or more .... 18.5..................... 47
26 400 - 749.99 ADA.... 16....................... 28
27 300 - 399.99 ADA.... 14.5..................... 22
28 200 - 299.99 ADA.... 13.5..................... 17
29 100 - 199.99 ADA.... 12....................... 9
30 99.99 or fewer Units allowed as follows:
31 Grades 7-12 ......................... 8
32 Grades 9-12 ......................... 6
33 Grades 7- 9 ......................... 1 per 14 ADA
34 Grades 7- 8 ......................... 1 per 16 ADA
35 COMPUTATION OF EXCEPTIONAL EDUCATION SUPPORT UNITS
36 Average Daily
37 Attendance Attendance Divisor Minimum Units Allowed
38 14 or more .... 14.5..................... 1 or more as computed
39 12 - 13.99.... -....................... 1
40 8 - 11.99.... -....................... .75
41 4 - 7.99.... -....................... .5
42 1 - 3.99.... -....................... .25
43 COMPUTATION OF ALTERNATIVE SCHOOL SECONDARY SUPPORT UNITS
44 Pupils in Attendance Attendance Divisor Minimum Units Allowed
45 12 or more.......... 12...................... 1 or more as computed
46 In applying these tables to any given separate attendance unit, no school
47 district shall receive less total money than it would receive if it had a
48 lesser average daily attendance in such separate attendance unit. In applying
49 the kindergarten table to a kindergarten program of less days than a full
50 school year, the support unit allowance shall be in ratio to the number of
5
1 days of a full school year. The tables for exceptional education and alterna-
2 tive school secondary support units shall be applicable only for programs
3 approved by the state department of education following rules established by
4 the state board of education. Moneys generated from computation of support
5 units for alternative schools shall be utilized for alternative school pro-
6 grams. School district administrative and facility costs may be included as
7 part of the alternative school expenditures.
8 7. State Distribution Factor per Support Unit. Divide educational support
9 program distribution funds, after subtracting the amounts necessary to pay the
10 obligations specified in subsection 2. of this section, by the total state
11 support units to secure the state distribution factor per support unit.
12 8. District Share of State Funds for Educational Support Program. Ascer-
13 tain a district's share of state funds for the educational support program as
14 follows:
15 a. District Contribution Calculation. Without including any allowance as
16 a credit for prepaid taxes, as provided in section 63-1607, Idaho Code,
17 the district contribution calculation shall be the rate determined under
18 subsection 3. of this section.
19 b. District Support Units. The number of support units for each school
20 district in the state shall be determined as follows:
21 (1) Divide the actual average daily attendance, excluding students
22 approved for inclusion in the exceptional child educational program,
23 for the administrative schools and each of the separate schools and
24 attendance units by the appropriate divisor from the tables of sup-
25 port units in this section, then add the quotients to obtain the
26 district's support units allowance for regular students, kindergarten
27 through grade 12 including alternative school secondary students.
28 Calculations in application of this subsection shall be carried out
29 to the nearest tenth.
30 (2) Divide the combined totals of the average daily attendance of
31 all preschool, handicapped, kindergarten, elementary, secondary and
32 juvenile detention center students approved for inclusion in the
33 exceptional child program of the district by the appropriate divisor
34 from the table for computation of exceptional education support units
35 to obtain the number of support units allowed for the district's
36 approved exceptional child program. Calculations for this subsection
37 shall be carried out to the nearest tenth when more than one (1) unit
38 is allowed.
39 (3) The total number of support units of the district shall be the
40 sum of the total support units for regular students, subsection
41 8.b.(1) of this section, and the support units allowance for the
42 approved exceptional child program, subsection 8.b.(2) of this sec-
43 tion.
44 c. Total District Allowance Educational Program. Multiply the district's
45 total number of support units, carried out to the nearest tenth, by the
46 state distribution factor per support unit and to this product add the
47 approved amount of programs of the district provided in subsection 2. of
48 this section to secure the district's total allowance for the educational
49 support program.
50 d. District Share. To secure the district's share of state apportionment,
51 subtract the amount of the local district contribution calculation, sub-
52 section 3. of this section, from the amount of the total district allow-
53 ance, subsection 8.c. of this section.
54 e. Adjustment of District Share. The contract salary of every noncertifi-
55 cated teacher shall be subtracted from the district's share as calculated
6
1 from the provisions of subsection 8.d. of this section.
2 SECTION 3. That Section 33-1002D, Idaho Code, be, and the same is hereby
3 repealed.
4 SECTION 4. That Section 63-3638, Idaho Code, be, and the same is hereby
5 amended to read as follows:
6 63-3638. SALES TAX -- DISTRIBUTION. All moneys collected under this chap-
7 ter, except as may otherwise be required in sections 63-3203 and 63-3709,
8 Idaho Code, shall be distributed by the tax commission as follows:
9 (1) An amount of money shall be distributed to the state refund account
10 sufficient to pay current refund claims. All refunds authorized under this
11 chapter by the commission shall be paid through the state refund account, and
12 those moneys are continuously appropriated.
13 (2) Five million dollars ($5,000,000) per year is continuously appropri-
14 ated and shall be distributed to the permanent building fund, provided by sec-
15 tion 57-1108, Idaho Code.
16 (3) Four million eight hundred thousand dollars ($4,800,000) per year is
17 continuously appropriated and shall be distributed to the water pollution con-
18 trol account established by section 39-3605, Idaho Code.
19 (4) An amount equal to the sum required to be certified by the chairman
20 of the Idaho housing and finance association to the state tax commission pur-
21 suant to section 67-6211, Idaho Code, in each year is continuously appropri-
22 ated and shall be paid to any capital reserve fund, established by the Idaho
23 housing and finance association pursuant to section 67-6211, Idaho Code. Such
24 amounts, if any, as may be appropriated hereunder to the capital reserve fund
25 of the Idaho housing and finance association shall be repaid for distribution
26 under the provisions of this section, subject to the provisions of section
27 67-6215, Idaho Code, by the Idaho housing and finance association, as soon as
28 possible, from any moneys available therefor and in excess of the amounts
29 which the association determines will keep it self-supporting.
30 (5) An amount equal to the sum required by the provisions of section
31 63-709, Idaho Code, is continuously appropriated and shall be paid as provided
32 by section 63-709, Idaho Code.
33 (6) An amount required by the provisions of chapter 53, title 33, Idaho
34 Code.
35 (7) An amount required by the provisions of chapter 87, title 67, Idaho
36 Code.
37 (8) One dollar ($1.00) on each application for certificate of title or
38 initial application for registration of a motor vehicle, snowmobile, all-
39 terrain vehicle or other vehicle processed by the county assessor or the Idaho
40 transportation department excepting those applications in which any sales or
41 use taxes due have been previously collected by a retailer, shall be a fee
42 for the services of the assessor of the county or the Idaho transportation
43 department in collecting such taxes, and shall be paid into the current
44 expense fund of the county or state highway account established in section
45 40-702, Idaho Code.
46 (9) Thirteen and three-quarters percent (13.75%) is continuously appro-
47 priated and shall be distributed to the revenue sharing account which is cre-
48 ated in the state treasury, and the moneys in the revenue sharing account will
49 be paid in installments each calendar quarter by the tax commission as fol-
50 lows:
51 (a) Twenty-eight and two-tenths percent (28.2%) shall be paid to the var-
52 ious cities as follows:
7
1 (i) Fifty percent (50%) of such amount shall be paid to the various
2 cities, and each city shall be entitled to an amount in the propor-
3 tion that the population of that city bears to the population of all
4 cities within the state; and
5 (ii) Fifty percent (50%) of such amount shall be paid to the various
6 cities, and each city shall be entitled to an amount in the propor-
7 tion that the preceding year's market value for assessment purposes
8 for that city bears to the preceding year's market value for assess-
9 ment purposes for all cities within the state.
10 (b) Twenty-eight and two-tenths percent (28.2%) shall be paid to the var-
11 ious counties as follows:
12 (i) One million three hundred twenty thousand dollars ($1,320,000)
13 annually shall be distributed one forty-fourth (1/44) to each of the
14 various counties; and
15 (ii) The balance of such amount shall be paid to the various coun-
16 ties, and each county shall be entitled to an amount in the propor-
17 tion that the population of that county bears to the population of
18 the state;
19 (c) Thirty-five and nine-tenths percent (35.9%) of the amount appropri-
20 ated in this subsection (9) shall be paid to the several counties for dis-
21 tribution to the cities and counties as follows:
22 (i) Each city and county which received a payment under the provi-
23 sions of section 63-3638(e), Idaho Code, during the fourth quarter of
24 calendar year 1999, shall be entitled to a like amount during suc-
25 ceeding calendar quarters.
26 (ii) If the dollar amount of money available under this subsection
27 (9)(c) in any quarter does not equal the amount paid in the fourth
28 quarter of calendar year 1999, each city's and county's payment shall
29 be reduced proportionately.
30 (iii) If the dollar amount of money available under this subsection
31 (9)(c) in any quarter exceeds the amount paid in the fourth quarter
32 of calendar year 1999, each city and county shall be entitled to a
33 proportionately increased payment, but such increase shall not exceed
34 one hundred five percent (105%) of the total payment made in the
35 fourth quarter of calendar year 1999.
36 (iv) If the dollar amount of money available under this subsection
37 (9)(c) in any quarter exceeds one hundred five percent (105%) of the
38 total payment made in the fourth quarter of calendar year 1999, any
39 amount over and above such one hundred five percent (105%) shall be
40 paid fifty percent (50%) to the various cities in the proportion that
41 the population of the city bears to the population of all cities
42 within the state, and fifty percent (50%) to the various counties in
43 the proportion that the population of a county bears to the popula-
44 tion of the state; and
45 (d) Seven and seven-tenths percent (7.7%) of the amount appropriated in
46 this subsection (9) shall be paid to the several counties for distribu-
47 tion to special purpose taxing districts as follows:
48 (i) Each such district which received a payment under the provi-
49 sions of section 63-3638(e), Idaho Code, during the fourth quarter of
50 calendar year 1999, shall be entitled to a like amount during suc-
51 ceeding calendar quarters.
52 (ii) If the dollar amount of money available under this subsection
53 (9)(d) in any quarter does not equal the amount paid in the fourth
54 quarter of calendar year 1999, each special purpose taxing district's
55 payment shall be reduced proportionately.
8
1 (iii) If the dollar amount of money available under this subsection
2 (9)(d) in any quarter exceeds the amount distributed under paragraph
3 (i) of this subsection (9)(d), each special purpose taxing district
4 shall be entitled to a share of the excess based on the proportion
5 each such district's current property tax budget bears to the sum of
6 the current property tax budgets of all such districts in the state.
7 The state tax commission shall calculate district current property
8 tax budgets to include any unrecovered foregone amounts as determined
9 under section 63-802(1)(e), Idaho Code. When a special purpose taxing
10 district is situated in more than one (1) county, the tax commission
11 shall determine the portion attributable to the special purpose tax-
12 ing district from each county in which it is situated.
13 (iv) If special purpose taxing districts are consolidated, the
14 resulting district is entitled to a base amount equal to the sum of
15 the base amounts which were received in the last calendar quarter by
16 each district prior to the consolidation.
17 (v) If a special purpose taxing district is dissolved or
18 disincorporated, the state tax commission shall continuously distrib-
19 ute to the board of county commissioners an amount equal to the last
20 quarter's distribution prior to dissolution or disincorporation. The
21 board of county commissioners shall determine any redistribution of
22 moneys so received.
23 (vi) Taxing districts formed after January 1, 2001, are not entitled
24 to a payment under the provisions of this subsection (9)(d).
25 (vii) For purposes of this subsection (9)(d), a special purpose tax-
26 ing district is any taxing district which is not a city, a county or
27 a school district.
28 (10) Amounts calculated in accordance with section 2, chapter 356, Laws of
29 2001, for annual distribution to counties and other taxing districts beginning
30 in October 2001 for replacement of property tax on farm machinery and equip-
31 ment exempted pursuant to section 63-602EE, Idaho Code. For nonschool dis-
32 tricts, the state tax commission shall distribute one-fourth (1/4) of this
33 amount certified quarterly to each county. For school districts, the state tax
34 commission shall distribute one-fourth (1/4) of the amount certified quarterly
35 to each school district. For nonschool districts, the county auditor shall
36 distribute to each district within thirty (30) calendar days from receipt of
37 moneys from the tax commission. Moneys received by each taxing district for
38 replacement shall be utilized in the same manner and in the same proportions
39 as revenues from property taxation. The moneys remitted to the county trea-
40 surer for replacement of property exempt from taxation pursuant to section
41 63-602EE, Idaho Code, may be considered by the counties and other taxing dis-
42 tricts and budgeted at the same time, in the same manner and in the same year
43 as revenues from taxation on personal property which these moneys replace. If
44 taxing districts are consolidated, the resulting district is entitled to an
45 amount equal to the sum of the amounts which were received in the last calen-
46 dar quarter by each district pursuant to this subsection prior to the consoli-
47 dation. If a taxing district is dissolved or disincorporated, the state tax
48 commission shall continuously distribute to the board of county commissioners
49 an amount equal to the last quarter's distribution prior to dissolution or
50 disincorporation. The board of county commissioners shall determine any redis-
51 tribution of moneys so received. If a taxing district annexes territory, the
52 distribution of moneys received pursuant to this subsection shall be unaf-
53 fected. Taxing districts formed after January 1, 2001, are not entitled to a
54 payment under the provisions of this subsection. School districts shall
55 receive an amount determined by multiplying the sum of the year 2000 school
9
1 district levy plus .001 times the market value on December 31, 2000, in the
2 district of the property exempt from taxation pursuant to section 63-602EE,
3 Idaho Code. For school districts, beginning January 1, 2002, only the portion
4 of property tax replacement received to replace property exempt from taxation
5 pursuant to section 63-602EE, Idaho Code, based on the tax year 2000 tax
6 charges for maintenance and operation as limited by sections 33-802 2., and
7 33-1002D, Idaho Code, shall not be subtracted from the maximum school district
8 maintenance and operation property taxes permitted in accordance with section
9 33-802 2., Idaho Code. For purposes of the limitation provided by section
10 63-802, Idaho Code, moneys received pursuant to this section as property tax
11 replacement for property exempt from taxation pursuant to section 63-602EE,
12 Idaho Code, shall be treated as property tax revenues.
13 (11) Any moneys remaining over and above those necessary to meet and
14 reserve for payments under other subsections of this section shall be distrib-
15 uted to the general fund.
16 SECTION 5. An emergency existing therefor, which emergency is hereby
17 declared to exist, this act shall be in full force and effect on and after its
18 passage and approval, and retroactively to January 1, 2006.
STATEMENT OF PURPOSE
RS 15513
This legislation reduces the maximum property tax levy for
Maintenance and Operations of schools from .3% to .15%. It also
repeals .10% of property tax replacement which has been capped at
$75,000,000 and is currently being funded through the general
fund.
FISCAL IMPACT
Property taxes will be reduced $125,000,000 to $135,000,000. It
is expected that the appropriation from the general fund for
schools will increase by a similar amount.
Contact
Name: Rep. Lake
Phone: 332-1000
Sen. Keough
STATEMENT OF PURPOSE/FISCAL NOTE H 424