Personal Property Tax Vote Cancelled Thursday

2013-03-13T15:47:00Z Personal Property Tax Vote Cancelled ThursdayBy Melissa Davlin mdavlin@magicvalley.com Twin Falls Times-News

BOISE - After two days of public hearings, neither personal property tax bill is on the agenda for the House Revenue and Taxation Committee on Thursday.

The two pieces of legislation offer competing views on how to phase out part or all of a tax on business property, and have been viewed as a major topic of this session.

Originally, committee chairman Gary Collins, R-Nampa, said he intended to hold a vote on the two bills on Thursday. Rep. Stephen Hartgen, R-Twin Falls, said he wasn’t sure why Collins didn’t put the bills on the agenda.

“My guess is there still needs to be discussion as to what amendments, if any, might be put forward,” Hartgen said.

Hartgen didn’t have exact details, but speculated both bills might see changes.

Collins wasn’t immediately available for comment.

The Rev and Tax committee held lengthy public hearings on Tuesday and today on the proposals: a partial repeal bill from the Idaho Association of Counties, and a full repeal bill from the Idaho Association for Commerce and Industry.

IACI executive director Alex LaBeau said a third personal property bill would be introduced on Friday, but had no other comment.

On Tuesday, House Speaker Scott Bedke, R-Oakley, and Senate Pro Tem Brent Hill, R-Rexburg, said there was no guarantee the Legislature would pass either personal property tax bill this session.

For more, read Thursday’s Times-News and return to Magicvalley.com.

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