Eye On Boise

Punching a $40 million hole…

Here’s Rep. Jim Clark’s explanation of the new House property tax bill that was introduced today: “What this will do is it will punch about a $40 million hole in the budget.”

Yes, Clark, R-Hayden Lake, doesn’t like the bill, which eliminates school operations property taxes and raises the sales tax a penny – but doesn’t make up the full loss to schools. He’s holding out for HB 481, a one-year freeze on property taxes that he co-sponsored with House Tax Chair Dolores Crow, R-Nampa, and Assistant Majority Leader Mike Moyle, R-Star. That bill’s sitting in the House Rev & Tax Committee, where it could re-emerge at the pleasure of the chairman.




You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus
« Back to Eye On Boise
Eye On Boise

Short takes and breaking news from the Idaho Legislature and the state capital.








Close

Sections


Profile

Close

Contact the Spokesman

Main switchboard:
(509) 459-5000
(800) 338-8801
Newsroom:
(509) 459-5400
(800) 789-0029
Customer service:
(800) 338-8801