KTVB: Risch Announces Property Tax Relief Plan
Idaho Governor Jim Risch released details this morning of a $260 million property tax relief plan that he wants lawmakers to vote on August 25. That's the date he has set for a special session of the Idaho Legislature. The plan calls for using $50 million of the state’s $203 million surplus for property tax relief. He then wants to increase the sales tax by one cent to make up the remaining $210 million. The entire $260 million would eliminate the maintenance and operation of schools from the property tax roles. In addition, Risch wants to put $100 million of the surplus into a new rainy day account for education needs, should Idaho tax collections fail to meet expectations. Risch believes has enough votes to win passage of the plan.
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Question: Do you support Gov. Jim Risch's property tax relief plan?