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Eye On Boise

IACI wants tax break for railroads, power lines

Here's a news item from the Associated Press: "Power lines and railroads could be eligible for a tax break passed last year by the Idaho Legislature to allow companies to exempt the first $100,000 of their business equipment from taxes, under a bill being considered by House Revenue and Tax Committee. The Idaho Association of Commerce and Industry told lawmakers on the panel Tuesday that it wants to make so-called "operating property" eligible for tax cuts. Currently, operating property doesn't qualify. Alex LaBeau, IACI's top lobbyist, said this proposal fits with his group's aim of eventually eliminating the personal property tax completely."

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Eye On Boise

News, happenings and more from the Idaho Legislature and the state capital.