H 292 - Reduces State Property Taxes - Idaho Key Vote

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Title: Reduces State Property Taxes

Vote Smart's Synopsis:

Vote to override a governor's veto and pass a bill that reduces state property taxes.

Highlights:

  • Reduces total state property tax reduction by $355 million for fiscal year 2024-2025 based on certain individual and household income levels (Sec. 1).

  • Appropriates $100 million for state public schools to reduce their bonds and levies (Sec. 1).

  • Repeals the previously established March election that schools use for school board elections (Sec. 3).

  • Specifies that this bill shall become effective upon passage and approval by the governor and apply retroactive to January 1, 2023 (Sec. 18).

See How Your Politicians Voted

Title: Reduces State Property Taxes

Vote Smart's Synopsis:

Vote to override a governors veto and pass a bill that reduces state property taxes.

Highlights:

  • Reduces total state property tax reduction by $355 million for fiscal year 2024-2025 based on certain individual and household income levels (Sec. 1).

  • Appropriates $100 million for state public schools to reduce their bonds and levies (Sec. 1).

  • Repeals the previously established March election that schools use for school board elections (Sec. 3).

  • Specifies that this bill shall become effective upon passage and approval by the governor and apply retroactive to January 1, 2023 (Sec. 18).

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