{"id":16449,"date":"2013-03-19T16:54:16","date_gmt":"2013-03-19T22:54:16","guid":{"rendered":"http:\/\/stateimpact.npr.org\/idaho\/?p=16449"},"modified":"2013-03-19T16:54:16","modified_gmt":"2013-03-19T22:54:16","slug":"house-passes-tax-cut-for-idaho-businesses","status":"publish","type":"post","link":"https:\/\/stateimpact.npr.org\/idaho\/2013\/03\/19\/house-passes-tax-cut-for-idaho-businesses\/","title":{"rendered":"House Passes Tax Cut For Idaho Businesses"},"content":{"rendered":"

A fast-tracked bill that would repeal the personal property tax<\/a> for nearly 90 percent of Idaho businesses passed the House 67-2 the same day it was unanimously pushed through committee. Representatives Shirley Ringo (D-Latah) and John Gannon (D-Boise) cast the only votes against the measure.<\/p>\n

Rep. Gannon said he couldn’t support the bill because $20 million in state general fund dollars will now be used to pay for the forgone tax revenue, money Gannon says should instead be used to fund schools.<\/p>\n

“The voters have repeatedly said they want the public schools supported,” Gannon said. He referenced the 36 of 41 public school levies approved by voters earlier this month, which will collectively increase property tax collections by more than $100 million<\/a>. “Yet, we seem to be going in the opposite direction in this body because we\u2019re reducing general fund revenue by $20 million, making it that much more difficult to adequately fund public schools,” said Gannon.<\/p>\n

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