Funding, taxes and the Idaho Legislature
Sauter
We have finished seven weeks of the 2024 legislative session. It looks like we have four to five weeks to go.
This year, more bills and resolutions have been introduced than in the past five years (over 800 and counting). It takes time to deliberate and process all of them. I know more bills will be introduced next week, and there are quite a few very important funding bills being developed as well.
Yesterday, members of the House voted on a school facilities funding bill. Our state constitution directs the Legislature to fund and support our public school system. The bill (HB521) dedicates $125 million of state sales tax revenue to the new School Modernization Facilities Fund for bonding. The school funds will help districts pay down school bonds, levies, and plant facility levies, and be used for facility projects.
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