The House just voted 60-8 in favor of HB 421a, the bill to increase the homeowner’s exemption from property tax. The bill now goes to the governor. It raises the exemption’s top amount from $50,000 to $75,000, adds in the value of land as well as improvements, and indexes the top amount to housing price inflation in future years.
For the rest of the post by Betsy Russell/Eye On Boise, click here.
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