Idaho

Three panelists at the Associated Taxpayers of Idaho conference today are addressing the state’s new partial personal property tax exemption for business property, which exempts up to $100,000 in value per taxpayer, per county. “A lot of people thought, $100,000 per taxpayer per county, how simple could that be?” said Steve Fiscus, property tax division manager for the Idaho State Tax Commission. But, he said, “It’s not as simple as it could be.” Read More

Tags: |  

City officials here are asking voters to approve a 22 percent increase in city property taxes this year, despite recent construction trends that could boost revenues and postpone the need for further budget cuts. Read More

Tags: |  

Property taxes for Chicago Public Schools will rise on bills that come out next week, but the rates paid by city homeowners still will be lower than in all but a few suburbs, new data obtained by the Tribune show. Read More

Tags: |  

The Fremont County assessor is being investigated by the Idaho State Tax Commission. Read More

Tags: |  

Property values in Canyon County are up. In fact, they're the highest they've been in years. The average across the county is pretty good and the assessed property values increased about five to six percent. It’s not such great news in Wilder and Middleton where they've actually seen a slight decrease. Read More

Tags: |  

Most of the increase can be attributed to an adjustment in the homeowners exemption," he said, adding that the maximum homeowners exemption was reduced this year to $81,000 from $83,974 last year. Read More

Tags: |  

Nearly 90 percent of Idaho's businesses will no longer have to pay taxes on their computers, tables, chairs and other personal property, if Gov. C.L. "Butch" Otter signs a $20 million tax relief bill that's now cleared the Senate. Read More

Tags: |  

On Tuesday afternoon, the Idaho House passed a bill that would exempt personal property tax for 90 percent of Idaho businesses. Read More

Tags: |  

The House has voted 67-2 in favor of HB 315, the new business personal property tax relief bill. The only dissenters were Reps. John Gannon, D-Boise, and Shirley Ringo, D-Moscow. Rep. Hy Kloc, D-Boise, missed the vote. Read More

Tags: |  

The House Ways & Means Committee has voted unanimously to introduce the new personal property tax bill from the Idaho Association of Counties; the new bill has a total cost to the state of $20 million a year. Read More

Tags: |  

The competing personal property tax bills that were introduced last week have both been removed from Thursday’s agenda. Read More

Tags: |  

The House Revenue and Taxation Committee voted this morning to introduce a second personal property tax bill, this one supported by the Idaho Association of Commerce and Industry (IACI), which represents business interests in the state. In doing so, the committee has set itself up for big decisions about whether and how to address the increasingly controversial tax this session. Read More

Tags: |  

No bill has even been introduced yet to repeal Idaho's $141 million personal property tax on businesses. But one potential beneficiary aims to kick-start debate by putting its tax savings where its mouth is. Read More

Tags: |  

Some companies are concerned a repeal of Idaho's personal property tax could hurt the communities in which they do business. That's according to a news brief filed by the Associated Press, citing worries from ag giant Monsanto Co. and Spokane, Wash.-based Avista Corp. Read More

Tags: |  

When Boise Weekly sat down in January with Mike Ferguson, former chief economist for the State of Idaho and current head of the Idaho Center on Fiscal Policy, he said that there had been "precious little time for people to familiarize themselves with" a proposal, floated by Gov. C.L. "Butch" Otter, to phase out personal property taxes for Gem State businesses. Read More

Tags: |  

 After a meeting with Coeur d'Alene Tribe officials today, Kootenai County commissioners voted unanimously to cancel all property taxes on reservation land from the past four years. Read More

Tags: |  

After spending a week meeting with state legislators, county officials returned feeling they would come out on the short end of personal property tax reform. The shift means the loss of thousands in revenue to the county that will either be shifted to property owners by way of increases in real property tax or could come in a reduction in services to offset the loss of revenue. Read More

Tags: |  

 Seeking equality for tribal governments, a lobbyist from the Coeur d'Alene Tribe encouraged the Legislature on Monday to halt counties' taxation of reservation land. Read More

Tags: |  

A possible repeal of the state’s personal property tax on business equipment has caused a stir. Read More

Tags: |