property tax prop 13 type reform in Idaho? (Boise: house, buying)

[mtbmitch]

Has there been any effort to pass a proposition to limit property taxes like the famous prop 13 in Ca. many years ago? of course today in ca., if the voters passed such a reform, a liberal judge would find it unconstitutional.
Boise or bust in July 07

[gregclauss]

for you who do not know what this is ,, it really is a good thing for you to try and adopt ,,, the property taxes are fixed at what you paid for your house ,,, i think it can go up at 1% a year or something small like that,,,but it keeps you from being taxed out of your home if prices rise dramatically,,
so all the "rich " new commer calif people will be paying the high taxes , and the locals who bought their house way back when will still have low taxes.

[HDL]

I too was for Prop 13 here and had hoped that Idaho would implement something like it to help people not get taxed out of their homes.

But then again, I have no complaints about property taxes on my home here in Boise, since they are lower than they'd be in CA for the same purchase price. I paid 'less than' 1% of the purchase price my first year here and since the legislature increased our homestead exemption from $50K to $75K this year, my taxes actually went down $300 this tax bill received in December 2006.

Now, it does help that I am in an unincorporated area of Boise, as Boise city is approx $1200 more per year.

[denn4208]

I believe that the House will consider a Prop 13 type of property tax reform in the upcoming session

[Dave Foster]

Originally Posted by mtbmitch

Has there been any effort to pass a proposition to limit property taxes like the famous prop 13 in Ca. many years ago? of course today in ca., if the voters passed such a reform, a liberal judge would find it unconstitutional.
Boise or bust in July 07

Although Idaho does not yet have a CA Prop 13 approach to "holding down" taxes, Idaho did recently pass legislation that increases the Homeowners Property Tax Exemption from $50,000 to $75,000.

[huntman58]

Not to worry with all the calif people moving there you will most likely get it. Just another good idea from calif like so many including the high Tec industry of micron. yet so many idahos seam to hate any thing to do with calif. hmm may be we should keep a tax break like this to our selfs also LOL.

[nlevisme]

You bring up a great question and one that I have asked every year since buying in Northern Idaho in 2001. I don't understand it. Here is a dyed in the wool Red state that taxes like a liberal porker. I sure hope it changes soon!