Bill of the day is regular short highlight of a new legislative measure – some good, some bad, others just interesting.
The first new substantive bill of the Idaho 2012 session, HB 354, by Representative Shirley Ringo, D-Moscow, is not likely to go far. You might think it would if you focus on the part of the sales tax reduction. But then you realize the negative pile-on when that is paid for by extending the sales tax to a bunch of goods and services currently exempted.
What’s notable is the list of goods and services exempted – and this is just the list needed to make up for the tax reduction by a penny or so: “eliminates ten exemptions (broadcast equipment, commercial aircraft, railroad rolling stock and remanufacturing, driver’s education automobiles, trade in value, ski lifts and snow grooming equipment, heating materials, utility sales, precious metal bullion, and telecommunications equipment), and extends sales tax to nine categories of services (professional, personal, business, construction, transportation, repairs, lottery and pari-mutual betting, media measurement, and miscellaneous).”Share on Facebook