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Eye On Boise

Rev & Tax backs bill to end indexing of homeowner’s exemption

The homeowner’s exemption from property tax would no longer be indexed and go up and down with the market, under legislation from the Idaho Realtors and the Idaho Farm Bureau that cleared the House Revenue & Taxation Committee today. HB 594 would instead set the homeowner’s exemption at a fixed $90,000; it’s now indexed to reflect changes in the Idaho Housing Price Index. The bill now moves to the full House for debate.

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Betsy Z. Russell
Betsy Z. Russell joined The Spokesman-Review in 1991. She currently is a reporter in the Boise Bureau covering Idaho state government and politics, and other news from Idaho's state capital.

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