Idaho Governor Signs Law Amending Hospital Property Tax Exemption

The Idaho Governor signed a law amending the property tax exemption for hospitals. The law includes: 1) new reporting requirements for large nonprofit hospitals; 2) expanding the definition of eligible hospitals; 3) setting documentation rules for nonprofits to qualify for the exemption; and 4) clarification on what large nonprofits must report annually to retain the exemption. The law takes effect on Jan. 1, 2026. [H.B. 130, enacted 04/14/25]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.