US Laws, Codes, Statutes & Cases

                                  TITLE  63
                             REVENUE AND TAXATION
                                  CHAPTER 2
                      DEFINITIONS -- GENERAL PROVISIONS
    63-205.  ASSESSMENT -- MARKET VALUE FOR ASSESSMENT PURPOSES. (1) All real,
personal and operating property subject to property taxation must be assessed
annually at market value for assessment purposes as of 12:01 a.m. of the first
day of January in the year in which such property taxes are levied, except as
otherwise provided. Market value for assessment purposes shall be determined
according to the requirements of this title or the rules promulgated by the
state tax commission.
    (2)  Personal property coming into the state after January 1 shall be
assessed as of the date of entry into the state in accordance with sections
63-311(3) and 63-602Y, Idaho Code.