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2018 Idaho Statutes
Title 63 - REVENUE AND TAXATION
Chapter 6 - EXEMPTIONS FROM TAXATION
Section 63-602EE - PROPERTY EXEMPT FROM TAXATION — CERTAIN TANGIBLE PERSONAL PROPERTY.
Universal Citation: ID Code § 63-602EE (2018)
63-602EE. PROPERTY EXEMPT FROM TAXATION — CERTAIN TANGIBLE PERSONAL PROPERTY. [EFFECTIVE UNTIL JANUARY 1, 2020] The following property is exempt from taxation: class 2 property that is agricultural machinery and equipment and exclusively used in agriculture during the immediately preceding tax year. For purposes of this section:
(1) "Agricultural machinery and equipment" shall mean any machinery and equipment that is used in:
(a) Production of field crops including, but not limited to, grains, feed crops, fruits and vegetables or the production of or caring for nursery stock as defined in section 22-2302, Idaho Code;
(b) Production of hop crops including, but not limited to, stationary picking machines, drying kilns, fans and burners, conveyors and other equipment to move hop crops and baling equipment; hop crops including, but not limited to, rhizomes, bines, leaves, stems and cones; or
(c) The grazing, feeding or raising of livestock, fur-bearing animals, fish, fowl and bees to be sold or used as part of a net profit-making agricultural enterprise or dairy.
(2) Buildings shall not be considered to be agricultural machinery and equipment.
63-602EE. PROPERTY EXEMPT FROM TAXATION — CERTAIN TANGIBLE PERSONAL PROPERTY. [EFFECTIVE JANUARY 1, 2020] The following property is exempt from taxation: class 2 property that is agricultural machinery and equipment and exclusively used in agriculture during the immediately preceding tax year. For purposes of this section:
(1) "Agricultural machinery and equipment" shall mean any machinery and equipment that is used in:
(a) Production of field crops including, but not limited to, grains, feed crops, fruits and vegetables or the production of or caring for nursery stock as defined in section 22-2302, Idaho Code; or
(b) The grazing, feeding or raising of livestock, fur-bearing animals, fish, fowl and bees to be sold or used as part of a net profit-making agricultural enterprise or dairy.
(2) Buildings shall not be considered to be agricultural machinery and equipment.
History:
[63-602EE, added 2001, ch. 356, sec. 1, p. 1250; am. 2002, ch. 150, sec. 1, p. 440; am. 2018, ch. 297, sec. 1, p. 702; added 2018, ch. 297, sec. 3, p. 702.]
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