TallyIDAHOLegislative Tracker
H06482022 Regular Session

Amends existing law to provide that taxing districts must deduct certain sales and use tax revenue growth from the property tax budget limitations.

TAXATION -- Amends existing law to provide that taxing districts must deduct certain sales and use tax revenue growth from the property tax budget limitations.

TAXATION

STATEMENT OF PURPOSE

Each year the state collects 6% sales tax. Of the amount of sales tax collected, 11.5% is distributed to local taxing districts. This legislation states that 50% of any new year-over-year increase in revenue sharing with local taxing districts shall be dedicated to property tax relief.

HOW THEY VOTED

house Chamber· Mar 4, 2022

House Third Reading

✓ Passed
43 Yea
24 Nay
3 absentPassed by 27.14 votes

LATEST ACTION

Introduced, read first time; referred to: Local Government & Taxation

BILL INFO

Session
2022
Chamber
house
Status date
Mar 4, 2022

DOCUMENTS

LINKS

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