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H0211...............................................by REVENUE AND TAXATION
TAXING DISTRICTS - Amends existing law to provide for notification of
residents by a taxing district when the district is having an election to
incur bonded indebtedness; to provide requirements of the notice; and to
provide consequences for failure to comply with the notice provisions.
02/20 House intro - 1st rdg - to printing
02/21 Rpt prt - to Rev/Tax
]]]] LEGISLATURE OF THE STATE OF IDAHO ]]]]
Fifty-ninth Legislature First Regular Session - 2007
IN THE HOUSE OF REPRESENTATIVES
HOUSE BILL NO. 211
BY REVENUE AND TAXATION COMMITTEE
1 AN ACT
2 RELATING TO BOND ELECTIONS; AMENDING CHAPTER 8, TITLE 63, IDAHO CODE, BY THE
3 ADDITION OF A NEW SECTION 63-802B, IDAHO CODE, TO PROVIDE FOR NOTIFICATION
4 OF RESIDENTS BY A TAXING DISTRICT WHEN THE DISTRICT IS HAVING AN ELECTION
5 TO INCUR BONDED INDEBTEDNESS, TO PROVIDE REQUIREMENTS OF THE NOTICE AND TO
6 PROVIDE CONSEQUENCES FOR FAILURE TO COMPLY WITH THE NOTICE PROVISIONS; AND
7 DECLARING AN EMERGENCY.
8 Be It Enacted by the Legislature of the State of Idaho:
9 SECTION 1. That Chapter 8, Title 63, Idaho Code, be, and the same is
10 hereby amended by the addition thereto of a NEW SECTION, to be known and des-
11 ignated as Section 63-802B, Idaho Code, and to read as follows:
12 63-802B. BOND ELECTIONS. In the case of an election to incur bonded
13 indebtedness, the taxing district shall mail a notice of the election to every
14 resident in the taxing district in a similar manner that property tax notices
15 are sent out and shall only state with specificity: the date of the election,
16 polling places, the time the polls will be open, the aggregate amount of taxes
17 that will be raised in the taxing district if the election is successful and
18 the increase that will occur per one hundred thousand dollars ($100,000) of
19 taxable value of property, above any exemptions, of residential property, com-
20 mercial property, industrial property, land actively devoted to agriculture
21 and operating property. The notice shall be mailed not less than fourteen (14)
22 calendar days prior to the day of the election. Failure to comply with this
23 section shall make the results of any election to incur bonded indebtedness
24 voidable.
25 SECTION 2. An emergency existing therefor, which emergency is hereby
26 declared to exist, this act shall be in full force and effect on and after its
27 passage and approval.
STATEMENT OF PURPOSE
RS 16828C4
This legislation requires taxing districts, when holding an
election to incur bonded indebtedness, to mail notices within
fourteen (14) days of such elections to property taxpayers.
FISCAL NOTE
There is no fiscal impact to the general fund. There will
be a cost to districts that hold elections to incur bond
indebtedness.
Contact
Name: Representative Mike Moyle
Representative Raul Labrador
Representative John Vander Woude
Senator Stan Bastian
Phone: 332-1000
STATEMENT OF PURPOSE/FISCAL NOTE H 211