Bill would redefine machinery as real property

Bill would redefine machinery as real property

Credit: Idaho Legislature

Former state Rep. Dennis Lake

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by Associated Press

KTVB.COM

Posted on March 4, 2013 at 12:18 PM

Updated Monday, Nov 11 at 1:17 PM

BOISE -- Machinery and other equipment that's bolted down could soon be subject to real estate taxes, under legislation making its way through the Idaho House that seeks to intervene in the debate over repealing personal property taxes.

Items like ventilation systems, plumbing and machinery wouldn't be eligible for proposed personal property tax breaks, under the measure introduced in the House Revenue and Taxation Committee Monday.

Former Republican Rep. Dennis Lake said his bill includes permanent additions, called "fixtures."

Lake said he aims to help legislators "solve the conundrum" of personal property tax repeal.

Gov. C.L. "Butch" Otter has made the repeal a top priority for the 2013 Legislature.

No bill has been introduced, but Otter's draft proposal has received praise from industry -- and criticism from counties and school districts.

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