Personal property tax repeal continues to simmer
The potential repeal of the tax that Idaho levies on business equipment (called the personal property tax) continues to dominate conversations at the capitol. Senator John Goedde, chair of the Senate Education Committee, has invited Alan Dornfest of the Idaho Tax Commission to address the committee on Monday at 3pm. You can listen to the discussion online or read our recap of the meeting later that day.
State Impact Idaho is also crunching the numbers on the tax, and finds that the median payment from any Idaho business is $89.64. The businesses who stand to benefit the most from repeal of the tax are Idaho Power, which paid $15,372,835 in 2011 and UP railroad, which paid $5,431,319. Click that link to see which counties will be most affected by the repeal of the tax.
Mark your calendar! “Listening Hearing” on education budget scheduled for February 1
The Joint Finance and Appropriation Committee will not take public testimony on this year’s budget. Instead, the House and Senate Education Committees will hear members of the public at a joint public hearing 8 AM – 10:30 AM on February 1. If you can’t make the meeting but would like to comment on what think the state should include in their education budget, you can email your comments to hedu@house.idaho.gov.
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