Idaho Property Tax Relief Act of 2006
The Idaho Property Tax Relief Act of 2006 was passed on August 25, 2006. It was proposed by Idaho governor Jim Risch to be addressed in a special session of the Idaho Legislature. The legislation would do the following: In November 2006, the Act was overwhelming approved by voters with 72% voting in favor. In May, 2008, state economist Mike Ferguson estimated that the net tax cut was about $30 million.