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Eye On Boise

Fri., Feb. 8, 2013, 7:29 a.m.

Otter: Revision of 2008 law possible route on personal property tax phaseout…

Idaho Gov. Butch Otter told the Idaho Press Club this morning that the personal property tax issue “takes up probably at least 50 percent of every Thursday morning leadership meeting,” when he meets with legislative leaders, “where we discuss the what-ifs and the where-ats, how are we going to get our arms around that.” He said, “I see potentially maybe four or five still unfleshed-out directions that we’re going to take.”

Otter said he’s sticking to his “do no harm” mantra for local governments, which stand to lose $141 milllion a year from their local property tax funding base. Among the possibilities, Otter said, is “maybe going back and revisiting Marv Hagedorn’s bill from a couple of years ago, where if you recall, we had a trigger on growth and a trigger on income … and exempting the first X number of dollars. … What would that cost us in the long run? I see that as a potential.”

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Eye On Boise

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