Background
Stories and content relating to Idaho’s 2012 Legislative session
Stories and content relating to Idaho’s 2012 Legislative session
Idaho lawmakers are moving forward with a measure to ensure the state’s 6 percent sales tax applies to all online purchases.Ā It’s called the streamlined sales tax bill.Ā A similar bill failed last year. The Magic Valley Times-News reports it’s not a new tax, but most people aren’t paying it. Idaho law already requires residents […]
In the wake of spending cuts, the Idaho Legislature is now in the process of determining how the stateās revenue surplus should be spent.Ā Itās a process of sorting out priorities, and the decisions have palpable effects.Ā For one Medicaid recipient, for example, recent budget cuts mean an uncertain future, even if funding is restored. […]
The Joint Finance Appropriations Committee has agreed to budget from a figure that’s about $33 million less than Governor C.L. “Butch” Otter’s recommendation. JFAC agreed with its colleagues in the Economic Outlook and Revenue Assessment Committee to set its revenue estimate below the Governor’s number.Ā Now, lawmakers will set the state spending plan for fiscal […]
Idaho lawmakers are considering a bill to cap how much interest payday lenders can charge borrowers. Many payday loan stores charge interest rates of up to 400 percent.Ā House Bill 470 would cap interest rates at 36 percent.Ā Bill co-sponsor Sen. Lee Heider (R-Twin Falls) told the Idaho Press-Tribune, “our society isnāt as well-off right […]
Two tax panels will join forces Wednesday to brainstorm ways to stimulate Idaho’s economy.Ā The Senate Local Government and Taxation Committee and the House Revenue and Taxation Committee are hosting a joint forum on the subject beginning at 9:00 am.Ā We’ll be liveblogging. Here’s the agenda: Food Producers of Idaho’s Brent Olmstead will talk about […]
The Associated Press reports conservative Idaho lawmakers are pushing a constitutional amendment to require a two-thirds vote for fee or tax hikes passed by the Legislature. Sen. Steve Vick (R-Dalton Gardens) is a first term Idaho legislator.Ā He previously served in the Montana Legislature for seven years.Ā Vick wants Idaho to join about 16 other […]
Idaho budget writers will spend Friday morning listening to constituents.Ā The Idaho Statesman reports it’s just the second public hearing of its kind in 92 years. In 2011, Joint Finance Appropriations Committee Co-Chairs Rep. Maxine Bell (R-Jerome) and Sen. Dean Cameron (R-Rupert) decided to open Idaho’s budgeting process to the public.Ā Cameron says the idea […]
Democratic lawmakers rolled out their plan to create jobs this morning.Ā It’s dubbed IJOBS 2.0 and is made up of six bills ranging from tax credits to an accountability measure.Ā Here’s the list from Spokesman Review reporter and Eye on Boise blogger Betsy Russell: HB 435, the āCorporate Tax Incentive and Accountability Act,ā would require […]
As we reported yesterday, state lawmakers could have about $33 million less to spend on government services next year.Ā The Economic Outlook and Revenue Assessment Committee voted to create the state’s spending plan with a tax revenue estimate lower than the governor’s proposal. This means lawmakers could be faced with choices.Ā Governor Butch Otter laid […]
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