Legislators mulling education, judiciary bills
Sauter
Greetings, I hope all is well. The Idaho Legislature is in its 11th week of session. The introduction of bills has slowed but is still well ahead of the last five years.
In the last week there have been several bills introduced with local consequences. This type of occurrence challenges the Legislature because the time constraints to study the bill, consideration for the outcomes, work with the subject matter experts (at home or at the Capitol) and determining if the bill itself is ready to become a law are time compressed. Some of these bills get introduced, have a committee hearing and get to the floor of the House or Senate within a week.
Late last week, HB 717 was introduced. It establishes a pro-rating system for the homeowners' exemption system. The exemption allows qualifying homeowners’ home assessments to be reduced by as much as $125,000. This change in turn reduces the total property tax bill and any levy assessments.
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