---
type: "Bill"
title: "COMMERCIAL PROPERTY – Adds to existing law to establish the Commercial Property Assessed Capital Expenditure Act to allow willing owners of certain properties to obtain financing for qualifying improvements."
description: "COMMERCIAL PROPERTY – Adds to existing law to establish the Commercial Property Assessed Capital Expenditure Act to allow willing owners of certain properties to obtain financing for qualifying improvements."
jurisdiction: "us/states/id"
legislature: "Idaho Legislature"
session: "2024"
identifier: "H 624"
citation: "Idaho H 624 (2024)"
classification: ["bill"]
subjects: ["ACTS", "BUSINESS AND BUSINESS ENTITIES", "CITIES", "COUNTIES", "REAL PROPERTY"]
status: "enacted"
primary_sponsors: []
version_count: 1
action_count: 18
vote_count: 2
first_action: "2024-02-22"
last_action: "2024-04-02"
source: "openstates"
source_identifier: "ocd-bill/f9607b61-7525-48e3-b84b-10b3665b872f"
source_url: "https://legislature.idaho.gov/sessioninfo/2024/legislation/H0624/"
source_hash: "b41b767fac95fabcefadb8df80de554a5f0b39c34e7368f4796617ac2b8d9f24"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-id"]
---

# Idaho H 624 (2024) — COMMERCIAL PROPERTY – Adds to existing law to establish the Commercial Property Assessed Capital Expenditure Act to allow willing owners of certain properties to obtain financing for qualifying improvements.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Bill Text** (committee substitute) — [source](https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2024/legislation/H0624.pdf)

## Votes

- Read third time in full – — **21–13** (pass) · upper
- Read Third Time in Full – — **48–18** (pass) · lower

## Sponsors

- REVENUE AND TAXATION COMMITTEE — primary (organization)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2024-02-22** Introduced, read first time, referred to JRA for Printing `introduction`
- **2024-02-23** Reported Printed; Filed for Second Reading
- **2024-02-26** Read second time; Filed for Third Reading `reading-2`
- **2024-02-27** U.C. to hold place on third reading calendar one legislative day
- **2024-02-28** Read Third Time in Full – PASSED - 48-18-4AYES – Achilles, Allgood, Berch, Blanksma, Bundy, Burns, Cannon, Cheatum, Chew(Hansen), Clow, Cornilles, Crane(13), Dixon(1), Dixon(24), Durrant, Ehlers, Erickson, Furniss, Gannon, Garner, Handy, Healey, Hill, Holtzclaw, Horman, Lanting, Manwaring, Mathias, McCann, Mickelsen, Miller, Monks, Necochea, Nelsen, Petzke, Pickett, Raybould, Raymond, Roberts, Rubel, Sauter, Shepherd, Vander Woude, Weber, Wheeler, Wroten, Yamamoto, Mr. SpeakerNAYS – Alfieri, Andrus, Barbieri, Boyle, Ehardt, Gallagher, Hawkins, Kingsley, Lambert, Mendive, Mitchell, Price, Redman, Scott, Skaug, Tanner, Wisniewski, YoungAbsent – Crane(12), Galaviz, Green, PalmerFloor Sponsor - BlanksmaTitle apvd - to Senate `passage, reading-3`
- **2024-02-29** Received from the House passed; filed for first reading
- **2024-02-29** Introduced, read first time; referred to: Local Government & Taxation `introduction`
- **2024-03-14** Reported out of Committee with Do Pass Recommendation; Filed for second reading `committee-passage-favorable`
- **2024-03-15** Read second time; filed for Third Reading `reading-2`
- **2024-03-20** Retained on calendar
- **2024-03-21** Read third time in full – PASSED - 21-13-1AYES – Adams, Anthon, Bernt, Cook, Grow, Guthrie, Hartgen, Just, Lakey, Lee, Lent, Rabe, Ricks, Ruchti, Schroeder, Semmelroth, Taylor, VanOrden, Ward-Engelking, Winder, WintrowNAYS – Bjerke, Carlson, Den Hartog, Foreman, Harris, Hart, Herndon, Lenney, Nichols, Okuniewicz, Toews, Trakel, ZuiderveldAbsent and excused – BurtenshawFloor Sponsor - BerntTitle apvd - to House `passage`
- **2024-03-22** Returned from Senate Passed; to JRA for Enrolling `enrolled`
- **2024-03-25** Reported Enrolled; Signed by Speaker; Transmitted to Senate `passage`
- **2024-03-25** Received from the House enrolled/signed by Speaker
- **2024-03-25** Signed by President; returned to House `passage`
- **2024-03-25** Returned Signed by the President; Ordered Transmitted to Governor `executive-receipt`
- **2024-03-26** Delivered to Governor at 3:51 p.m. on March 25, 2024 `executive-receipt`
- **2024-04-02** Reported Signed by Governor on March 29, 2024 Session Law Chapter 239 Effective: 07/01/2024 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f9607b61-7525-48e3-b84b-10b3665b872f`. Confidence: reported (aggregated from official Idaho legislature records).