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House Bill 292 gives a tax credit to anyone claiming a homeowner’s exemption on their taxes. It also offers funding for school districts across the state to pay down bonds and levies to reduce property tax burdens for any taxpayer.
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State lawmakers have introduced three proposals to relieve homeowners from ballooning property taxes seen in recent years.
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Boise City Council is using $1.2 million to help the city’s low-income residents offset their rising property taxes.
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In Wyoming, average property taxes rose more than 16 percent in just the past year. A legislative committee moved forward several options last week to try and put money back into people’s pockets.
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Homeowners in Ada and Canyon counties are once again seeing significant increases to their property values this year.
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A bill that would swap most property taxes on owner-occupied homes for a state sales tax increase received a thumbs-down Wednesday from the non-partisan Idaho Center for Fiscal Policy.
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Right now, only Blaine and Kootenai counties allow property tax exemptions for multi-family housing projects under a certain piece of Idaho code that's designed to spur economic development.
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The bill allows cities to rebate property taxes by passing an ordinance.
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More low-income Idaho homeowners could get a tax break under new bill in the legislature
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Sweeping property tax changes approved by legislative Republicans last year could prevent low-income homeowners from getting a break, though a new bill is trying to help soften that blow.