2022 Legislative Session Preview and State Budget Overview

Slide Note
Embed
Share

The 2022 legislative session preview features key figures and developments in Idaho's political landscape, including Senate and House leadership. The state budget highlights redistricting efforts, general fund tax collections, predicted versus actual outcomes, and fiscal year 2021 distributions. Noteworthy records were set in FY2021, with a substantial surplus and unprecedented revenue growth.


Uploaded on Sep 23, 2024 | 0 Views


Download Presentation

Please find below an Image/Link to download the presentation.

The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.

E N D

Presentation Transcript


  1. 2022 LEGISLATIVE SESSION PREVIEW Seth Grigg, Executive Director Sara Westbrook, Policy Director

  2. POLITICAL AWARENESS

  3. SENATE LEADERSHIP Pro Tempore: Majority Leader: Assistant Majority Leader: Caucus Chair: Chuck Winder (20) Kelly Anthon (27) Abby Lee (9) Mark Harris (32) Minority Leader: Assistant Minority Leader: Caucus Chair: Michelle Stennett (26) Grant Burgoyne (16) Janie Ward-Engleking (18)

  4. HOUSE LEADERSHIP Speaker: Majority Leader: Assistant Majority Leader: Caucus Chair: Scott Bedke (27) Mike Moyle (14) Jason Monks (22) Megan Blanskma (23) Minority Leader: Assistant Minority Leader: Caucus Chair: Ilana Rubel (18) Lauren Necochea (19) Sally Toone (26)

  5. REDISTRICTING Redistricting Commission Have 90 Days Took Public Testimony Across the State Attempting to Rise Above Politics

  6. STATE BUDGET

  7. STATE BUDGET: GENERAL FUND TAX COLLECTIONS

  8. STATE BUDGET: PREDICTED & ACTUAL: YEAR

  9. STATE BUDGET: FY2021 DISTRIBUTIONS Sales Tax Distribution Fiscal Year 2021 Change % from FY2020 General Fund $4,530,397,424,17 23.48 Tax Relief Fund $135,892,540.17 62.62 Revenue Share $273,074,084.32 18.61 Circuit Breaker $20,596,418.53 5.81 Personal Property $18,550,086.46 -0.29 Local Highway Distribution $31,281,022.55 6.74%

  10. STATE BUDGET: TAX RELIEF FUND (WAYFAIR) Fiscal Year End 2021: $135,892,540.17 Fiscal Year 2022 (as of September 30): $47,807,032.79 Total: $183,699,572.96

  11. STATE BUDGET: SET MULTIPLE NEW RECORDS FY2021 2021 Budget Year: Record Surplus Nearly $900M State Revenues surpassed $5B for 1sttime Revenue Grew 24.2% (largest increase for any year records available) May 2021 largest revenue month in state history Income filings beat forecast $469M Sales tax revenues $166M over projections

  12. STATE BUDGET: SURPLUS POSSIBILITIES Expect K-12 Investments One-time capital Projects One-time infrastructure projects For counties this could mean aid for bridges

  13. PROPERTY TAXES

  14. PROPERTY TAXES: REAL RELIEF Only two ways to reduce residential property taxes 1. Expand exemptions on residential properties (tax shift to businesses and farms) 2. Provide counties with other, non-property tax, revenue sources in lieu of taxes

  15. PROPERTY TAXES: IDEAS Sales tax increase to cover property taxes for residential Leverage online sales tax collections in state tax relief fund to provide hundreds of millions of dollars In property tax relief over next decade State mandated services like district court operations, public defense, and felony prosecution could be funded using state general fund tax revenue in leu of property taxes 5 year rolling average valuation to smooth valuation increases and/or decreases Local Property Tax Relief Fund

  16. PROPERTY TAXES: SYMPOSIUM IAC to co-sponsor with ATI Property Tax 101 Property Tax Valuation Property Tax Relief

  17. IAC RESOLUTIONS

  18. LEGISLATIVE COMMITTEE Chair: Justin Baldwin, Gooding County Assessor Vice Chair (NEW): Don Hall, Twin Falls County Commissioner Priorities still need to be set (following IAC Bylaws) 5 Resolutions at a Maximum make up IAC Legislative Package Scheduled to meet November 3, 2021

  19. IGA-01: AFFORDABLE HOUSING Sponsored by Blaine and Valley County Worked with commissioners from across the state Issue is prevalent across the board Focus on funding the Affordable Housing Trust Fund with amendment to income allowance levels Governor s Office

  20. IGA-02: COURT FEE DATE CHANGE Sponsored by Would allow counties to remit court fee funds by the 15thof the month (instead of the 5th) Strike the word treasurer from related code section

  21. IGA-03: INVESTMENT OPTIONS Sponsored by Donna Peterson, Payette County Treasurer Would increase investment options for county treasurers Would allow investment in CD s in banks outside of Idaho without an Idaho presence

  22. IGA-04: VAPE TAX Sponsored by Ada County BOCC Allow vaping products to be taxed at same rate as tobacco products Portion of tax set aside for public schools Portion of tax set aside for juvenile probation services

  23. IGA-05: PROPERTY TAX RELIEF FUND Sponsor: Terrel Tovey, Bannock County Commissioner Create a property tax relief fund using a county sales or use tax Citizens vote to approve 50% to capital project 50% to property tax relief fund Similar legislation in place from 2004-2009 (sunset clause) Two counties built jails Taxpayers were pleased with reduced property taxes during that time

  24. JPS-02: STATE BASED PUBLIC DEFENSE Sponsor: Jack Johnson, Twin Falls Commissioner Would require state to take over public defense State would also be required to fully fund public defense Commissioners created a committee to search for a solution that will help all counties get on board Will report their results to Legislative Committee

  25. JPS-03: CORONER CASE REPORT TIMELINE Coroner requirement to report cases to Treasurer s office Change from 48 hours to 72 hours

  26. JPS-04: INDIGENT CREMATION TIMELINE Coroner authorization to proceed with indigent cremation 14 days to 10 days

  27. Special Session

  28. House to Convene 11/15 Explore legislation related to federal vaccine mandates Act on recommendations from Ethics Committee Adjourn Sine Die

  29. View From Senate Senate has agreed to come back into session Uncommitted on vaccine mandate legislation

  30. QUESTIONS

More Related Content