On Friday the Idaho Legislature adjourned sine die, allowing legislators to head home to enjoy the Easter weekend with their families.
The final day of the session was especially challenging as it became clear that morning that AIC's amendment to House Bill 606—the urban renewal reform bill—that passed the Senate the previous day could imperil the bill’s passage in the House.
After consulting with legislative leadership, AIC decided to allow the amendment to be removed from the bill to ensure the bill’s successful passage. HB 606 passed the Senate by a vote of 24-11-0 and passed the House Friday by a vote of 56-11-3.
House Bill 606 will provide needed certainty for businesses around the state that have invested in Idaho communities—including Chobani and Clif Bar in Twin Falls, two of Idaho’s highest profile economic development victories over the past decade.
There are currently conflicting provisions in Idaho law concerning whether the base assessment roll is reset when an urban renewal plan is amended. HB 606 resolves these conflicts and provides much needed clarity for businesses, local governments, the State Tax Commission and others.
The grandfather clause in HB 606 will allow plans currently in existence to be amended in the future without having the base reset.
HB 606 resolves the critical base reset issue legislatively and eliminates the possibility of an adverse court ruling that could potentially have a devastating effect on economic development efforts throughout the state.
We greatly appreciate the help of all the city officials who called, emailed and texted legislators to support AIC on this important legislation. Your engagement is truly essential to AIC's legislative advocacy efforts.