Idaho § 63-205 - Assessment - Market value for assessment purposes
Full text of Idaho Idaho Statutes § 63-205 — Assessment - Market value for assessment purposes, with citation guidance and answers to common questions.
§ 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.
[63-205 added 1996, ch. 98, sec. 3, p. 321.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 63-205
What does Idaho Statutes § 63-205 cover?
Section 63-205 ("Assessment - Market value for assessment purposes") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 63-205?
A common citation format is "Idaho Statutes § 63-205" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 63-205 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.