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Senate fails to overturn Idaho governor's tax commission veto


Senate fails to overturn Idaho governor’s tax commission veto
BOISE, Idaho (KIFI) - The governor s veto of a bill that would have made changes to how the Idaho Tax Commission is run will stand.
The Senate failed to get enough votes to overturn it Thursday.
The House on Wednesday voted to override Gov. Brad Little s veto of a bill involving the responsibilities of the chairman of the Idaho State Tax Commission and the three other commissioners.
Lawmakers in the Republican-dominated chamber voted 62-7 on Wednesday with Democratic support to override the veto issued last week. An override requires two-thirds of lawmakers in favor. The chamber initially voted 66-1 in February to approve the measure. ....

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Idaho state tax deadline moved to May 17 to match feds


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Legislative tax plan could slice revenue and federal fiscal aid


Legislative tax plan could slice revenue and federal fiscal aid
BOISE, Idaho (KIFI)-A legislative tax proposal could result in deep cuts in state revenue and risk federal fiscal aid to the state, according to an alaysis of House Bill 332 by the Idaho Center for Fiscal Policy.
The bill would reduce the income and corporate tax rates. It would also provide a one-time tax rebate. The analysis indicates the package would cost the state between $386 million and $389.4 million in its first year. It would cost $160 million to $169.4 million in following years based on the bill s fiscal note by the Institute on Taxation and Economic Policy. ....

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