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Saturday, August 8, 2020  Spokane, Washington  Est. May 19, 1883
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Eye On Boise

Rev & Tax says ‘no’ to caps on assessed value

Among the 14 property tax reform bills that just went down to defeat in Rev & Tax were HB 503, by Rep. George Eskridge, R-Dover, and HB 455, by Rep. Bill Deal, R-Nampa. Eskridge’s bill, which had seven co-sponsors, would have capped increases in annual tax values for homeowners at 3 percent. Deal’s bill, which had six co-sponsors including Eskridge and House Speaker Bruce Newcomb, would have capped increases in values for all types of property at 5 percent a year.

House Majority Leader Lawerence Denney, R-Midvale, said of Deal’s bill, “While it’s a good idea, I don’t think it’s quite the right idea.” House Assistant Majority Leader Mike Moyle, R-Star, called Eskridge’s bill “a good concept” but said if it doesn’t also limit local government spending, he wouldn’t support it.

Eye On Boise

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