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Lawmakers seek to limit property taxes as home values soar

by KEVIN HARDY/Stateline
| January 8, 2024 1:07 AM

Soaring home values have increased property taxes for millions of homeowners in recent years, prompting action from state lawmakers to lighten the burden.

“The biggest problem was they just went up so quickly. … I think that’s one of the reasons why it became this rallying cry from the people asking for tax relief,” said Idaho state Rep. Jason Monks, a Republican.

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