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Committee approves bill to replace utility property tax with kilowatt/therm charge, sends H329 to House floor
Summary
The Revenue and Taxation Committee voted to send House Bill 329 to the House floor with a due‑pass recommendation, approving a plan to replace centrally assessed property taxation of certain utility operating property with a consumption‑based kilowatt‑hour/therm tax.
The Revenue and Taxation Committee voted to send House Bill 329 to the House floor with a due‑pass recommendation after representatives and utility officials described the measure as a revenue‑neutral rewrite of how rate‑regulated utilities are taxed.
Representative Jeff Ehlers, R‑Meridian, the bill sponsor, said H329 moves certain operating property for rate‑regulated electric and gas utilities from a centrally assessed property tax to a tax measured by kilowatt‑hours and therms. "We're going to take 2025 as the last year that these entities will be paying this property tax," Ehlers said, describing language intended to keep local taxing…
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