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Governor Little signs unanimously supported property tax relief bill

  • On Wednesday, Idaho Governor Brad Little, joined by Republican legislative leaders, signed House Bill 304 into law at a news conference in Boise, with the goal of providing property tax relief and bolstering school districts' finances.
  • This action follows Little's call for $100 million in tax cuts, as stated in his State of the State address in January, and builds upon $4.6 billion in tax relief approved since he took office in 2019.
  • House Bill 304, sponsored by Representative Jason Monks, is designed to cut property taxes and bolster school districts' bond issues and levies by allocating $50 million to reduce property taxes for Idaho homeowners and another $50 million to help pay off school districts' financial obligations.
  • During the news conference, Little touted the bill as a 'win-win' and referenced praise from Florida Governor Ron DeSantis, stating that Idaho is surpassing Florida, while Senate President Pro Tempore Kelly Anthon emphasized that the bill benefits Idaho families, highlighting the historical tax cuts occurring in the Idaho Legislature this year.
  • House Bill 304, passed unanimously in the House, is projected to reduce state revenue by $100 million annually and is part of a larger legislative effort that includes House Bill 40 and House Bill 231, resulting in a total reduction of $453 million in state revenue through tax cuts and credits, though some, like Sen. Wintrow, have expressed concerns about the potential harm to state services from these revenue reductions.
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KBOI broke the news in on Wednesday, March 26, 2025.
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