Idaho Code — Title 63 (Revenue and Taxation)
Idaho Code § 63-602E
Property exempt from taxation — Property used for school or educational purposes
# (1)
The following property is exempt from taxation: all property used exclusively for nonprofit school or educational purposes, property used for charter school purposes, and all property from which no profit is derived and which is held or used exclusively for endowment, building or maintenance purposes of schools or educational institutions.
# (2)
If property is used primarily for nonprofit school purposes or charter school purposes and for business purposes from which a revenue is derived, which revenue is not related to the educational purpose for which the nonprofit school or charter school exists, the assessor shall determine the value of the entire property, of the part used for nonprofit school purposes or charter school purposes, and of the part used for such unrelated business purposes. The portion of the building used for nonprofit school purposes or charter school purposes and for business and administration of the nonprofit school or charter school shall be exempt from taxation.
# (3)
Possessory interests in improvements on state college or state university owned land used exclusively for student housing, college or university operated dining, or other education related purposes approved by the state board of education and board of regents of the university of Idaho as proper for the operation of such state college or university shall be exempt from taxation.
Amendment history
63-602E, added 1996, ch. 98, sec. 7, p. 350; am. 2003, ch. 222, sec. 1, p. 574; am. 2006, ch. 366, sec. 1, p. 1104; am. 2010, ch. 254, sec. 2, p. 645.
Source: view the official text
In this chapter (40 sections)
- 63-601 · All property subject to taxation
- 63-602 · Property exempt from taxation
- 63-602A · Property exempt from taxation — Government property
- 63-602AA · Property exempt from taxation — Exceptional situations
- 63-602B · Property exempt from taxation — Religious limited liability…
- 63-602BB · Partial exemption for remediated land
- 63-602C · Property exempt from taxation — Fraternal, benevolent, or…
- 63-602CC · Property exempt from taxation — Qualified equipment…
- 63-602D · Property exempt from taxation — Certain hospitals
- 63-602DD · Manufactured homes used under a dealer’s plate or as a sheep…
- 63-602E · Property exempt from taxation — Property used for school or…
- 63-602EE · Property exempt from taxation — Certain tangible personal…
- 63-602F · Property exempt from taxation
- 63-602G · Property exempt from taxation — Homestead
- 63-602GG · Property exempt from taxation — Low-income housing owned by…
- 63-602H · Value of residential property in certain zoned areas
- 63-602HH · Property exempt from taxation — Significant capital…
- 63-602I · Property exempt from taxation — Household goods, wearing…
- 63-602II · Property exempt from taxation — Unused infrastructure
- 63-602J · Property exempt from taxation — Motor vehicles and vessels…
- 63-602JJ · property exempt from taxation — certain property of producer…
- 63-602KK · Property exempt from taxation — Certain personal property
- 63-602L · Property exempt from taxation — Intangible personal property
- 63-602M · Property exempt from taxation — Certain secured dues and…
- 63-602N · Property exempt from taxation — Irrigation water and…
- 63-602NN · Property exempt from taxation — Certain business property
- 63-602OO · Property exempt from taxation — oil or gas related wells
- 63-602P · Property exempt from taxation — Facilities for water or air…
- 63-602Q · Property exempt from taxation — Certain cooperative telephone…
- 63-602R · Property exempt from taxation — Agricultural crops
- 63-602S · Property exempt from taxation — Fruits and vegetables held…
- 63-602T · Property exempt from taxation — Personal property…
- 63-602U · Property exempt from taxation — Personal property shipped…
- 63-602V · Property exempt from taxation — Personal property shipped…
- 63-602W · Business inventory exempt from taxation — Business inventory…
- 63-602X · Property exempt from taxation — Casualty loss
- 63-602Y · Property exempt from taxation — Effect of change of status
- 63-602Z · Exemption from occupancy tax
- 63-604 · Land actively devoted to agriculture defined
- 63-605 · Land used to protect wildlife and wildlife habitat