Bill Description: Senate Bill 1362 would reduce the interest rate counties could charge property owners who pay their taxes late.

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Amendment Analysis: The Amendment to Senate Bill 1362 does not change the rating or the analysis.

Does it directly or indirectly create or increase any taxes, fees, or other assessments? Conversely, does it eliminate or reduce any taxes, fees, or other assessments?

Senate Bill 1362 amends Section 63-1001, Idaho Code, to reduce the interest rate a county could charge for the late payment of property taxes from 1% per month to 0.5% per month. 

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