Conference committee is back; Cameron highlights already-passed tax relief bills
Well, now it’s nearly 4 p.m., the Senate has adjourned to tomorrow morning, and the conference committee has arrived back in room WW 17. Sen. Dean Cameron, R-Rupert, distributed a handout listing “Tax Relief Provided during the 2015 Legislative Session.” There are 13 bills listed, totaling $48.2 million in costs to the state general fund. That includes $17.7 million for federal tax conformity; $3.5 million for the extension of the tax credit for donations to school, museums and libraries; $3 million for the sales tax exemption on eyeglasses and contact lenses; $1.5 million for the tax exemption for digital streaming services; and more.
The list also included HB 95, which as written, would have cost the state general fund up to $20 million next year, by exempting materials used in public roads from Idaho’s 6 percent sales tax. That bill has been amended in the Senate to push its effective date out a year.