Vote Smart's Synopsis:

Vote to pass a bill that amends and adds to existing tax laws in the state of Idaho.

Highlights:

• Amends, repeals, and adds to existing laws to revise provisions regarding tax rates, school facilities funding, and school district bond and tax levy elections (Sec. 1-36).

• Reduces individual state income taxes from 5.8% to 5.695% (Sec. 2).

• Amends and restructures the appointment authority for the State Board of Education’s leadership (Sec. 4).

• Repeals the August election date for school districts and restructures appointment authority for the State Board (Sec. 18).

• Requires school districts receiving funding to abide by to-be-determined minimum instructional and teacher contract days if they’ve adopted 4-day school weeks (Sec. 20).

• Authorizes the creation of certain mechanisms for the state to appropriate and spend $2 billion on K-12 school facilities over the next 10 years with $1.5 billion being in new spending, and $1 billion being used by school districts on facility construction and maintenance beginning as soon as the 2024 school year (Sec. 28).

• Specifies that the provisions of this bill shall take effect beginning July 1, 2024 (Sec. 36).

Full Bill Text

Highlights:

• Amends, repeals, and adds to existing laws to revise provisions regarding tax rates, school facilities funding, and school district bond and tax levy elections (Sec. 1-36).

• Reduces individual state income taxes from 5.8% to 5.695% (Sec. 2).

• Amends and restructures the appointment authority for the State Board of Education’s leadership (Sec. 4).

• Repeals the August election date for school districts and restructures appointment authority for the State Board (Sec. 18).

• Requires school districts receiving funding to abide by to-be-determined minimum instructional and teacher contract days if they’ve adopted 4-day school weeks (Sec. 20).

• Authorizes the creation of certain mechanisms for the state to appropriate and spend $2 billion on K-12 school facilities over the next 10 years with $1.5 billion being in new spending, and $1 billion being used by school districts on facility construction and maintenance beginning as soon as the 2024 school year (Sec. 28).

• Specifies that the provisions of this bill shall take effect beginning July 1, 2024 (Sec. 36).

Full Bill Text