Key Highlights
- Gov. Brad Little signs House Bill 304 into law on March 26
- $100M directed toward property tax relief, $50M for school facilities
- Builds on previous efforts like last year’s HB-521
- Idaho leaders emphasize ongoing commitment to tax cuts and strong communities
More relief is reportedly coming to property taxpayers through the signing of House Bill 304.
On March 26, Gov. Brad Little signed HB-304, which “directs an additional $100 million in relief to property taxpayers, including $50 million that will be provided through the public schools facilities fund,” a release from the governor’s office stated.
The $50 million for public schools facilities is a continuation of investments through last year’s HB-521.
“I am proud to join my legislative partners, who championed this effort, in giving another $100 million in property tax relief to Idahoans on top of the more than $4.6 billion in tax relief we have delivered for Idahoans in a few short years,” Little said at a news conference. “House Bill 304 offers additional support for our public schools, while relieving the burden on local property taxpayers to cover the costs of bonds, levies and plant facilities within the school districts.”
Little referred to the signing of the bill as a “win-win for all,” and stated it showed the state was keeping “our priorities straight.”
The governor’s office stated that, since he took office in 2019, there has been nearly $100 billion in relief given to property taxpayers in the state.
House Speaker Mike Moyle, in attendance at the news conference, stated the bill could help struggling families within the state.
“While property taxes are determined at the local level, Idaho’s state leaders have prioritized tax relief year after year after year because we know Idaho families are struggling,” he said. “History has shown tax cuts strengthen our economy and make Idaho an even more desirable place to live and work.”
Little echoed Moyle’s sentiment about making Idaho a more attractive place for people to live.
“I’ve said it before and I will say it again, America wants what Idaho has: Safe communities, strong schools and a bustling economy that offers tremendous opportunities for our people to prosper,” he said.
