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.
County and city officials across Mini-Cassia urged their residents Friday, Feb. 8, to fight a legislative effort to modify Idaho’s personal property tax on businesses.
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.