Idaho property tax bill goes to full Senate vote
BOISE, Idaho (KIFI) - Our older, low-income Idaho neighbors may be a little closer to affording their homes.
A proposed bill to reduce property taxes on higher-valued homes is headed to the full Idaho Senate.
The measure would adjust the maximum value of qualifying residential homes to 150% of the median assessed value.
Backers of the legislation say the measure protects older homeowners with limited incomes from being forced out due to soaring home and property values.