“Mini-Cassia Officials: Fight Repeal Of Personal Property Tax”
As of last week there wasn’t an official bill draft or plan to repeal Idaho’s business personal property tax. House Rev and Tax Committee chairman Gary Collins (R-Nampa) told StateImpact discussions on the issue are ongoing.
- Source: Magicvalley
Legislators are currently looking at a complete repeal of the state’s personal business property tax, which helps fund counties, cities and other taxing districts. A second option would be to put in a $100,000 exemption, which would eliminate it for nearly 90 percent of businesses that currently pay it.
Read more at: magicvalley.com