Idaho H0610 amends the homestead exemption law, clarifying eligibility, appeal processes, and penalties for improper claims.

Idaho H0610 amends existing law to revise provisions regarding the homestead exemption. The bill specifies that the exemption applies to the first $125,000 of the market value of a homestead. It outlines the conditions for eligibility, including that the homestead must be the owner's primary dwelling place. The bill details the process for applying for the exemption, including deadlines and penalties for late or improper applications.

Idaho H0610 amends the homestead exemption law, clarifying eligibility, appeal processes, and penalties for improper claims.

Idaho H0610 amends existing law to revise provisions regarding the homestead exemption. The bill specifies that the exemption applies to the first $125,000 of the market value of a homestead. It outlines the conditions for eligibility, including that the homestead must be the owner's primary dwelling place. The bill details the process for applying for the exemption, including deadlines and penalties for late or improper applications.