Idaho continues its ‘historic’ tax cuts. Here’s what residents can expect
Little
Idaho residents can expect to see more property tax relief after Gov. Brad Little signs a bill into law that would cut $100 million in taxes a year.
Little on Tuesday in a news release said he plans to sign House Bill 304, which would direct $50 million each year toward a fund that would distribute the property tax savings to residents for their primary residence. Each property owner’s relief is based on a formula that incorporates the value of their home, the Idaho Statesman previously reported.
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