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In Session: Property tax relief bill heads to Senate floor

Summary by Krem2 News

The $100 million in HB 304 would be added to the 2.25% of state sales tax revenue that is already automatically distributed into each of the two funds.

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Krem2 News

In Session: Property tax relief bill heads to Senate floor

The $100 million in HB 304 would be added to the 2.25% of state sales tax revenue that is already automatically distributed into each of the two funds.

2 days ago·Spokane, United States

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KTVB

+2 Reposted by 2 other sources

Bill to spend $100 million annually toward property tax relief heads to Senate floor

The Idaho Senate committee approves $100 million annually for property tax relief, aiding school facilities and reducing homeowner taxes by 5.4%.

3 days ago·Boise, United States

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sunflowerstatejournal.com

Expanded property tax rebates for seniors, disabled veterans head to Senate floor

A bill that would expand a program providing property tax rebates for seniors and disabled veterans moved out of a Senate committee Wednesday. The Senate tax committee signed off on a bill that would make more people eligible for a tax-rebate program that was first made available in 2022. The bill increases the income threshold for eligibility, boosts the value of eligible homes and exempts Social Security from counting toward the income limit e…

2 days ago

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The Sidney Sun-Telegraph

Letter to the editor

Dear Editor, The homeowners and landlords in our state may be unaware of what the legislature has done to rob them of a significant property tax credit that was promised to them. It is quite complicated so I won’t go into the details, but the public needs to understand that LB 81, introduced by Senator Harden with bipartisan co-sponsors, is sitting in the revenue committee right now and can fix th...

2 days ago·Sidney, United States

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