Tuesday, January 27, 2009

Homeowners Exemption Law

The House voted 65-0 to change a word in the homeowners' exemption law so the exemption can "change" annually as average home prices change, not just "increase."
....Rep. George Sayler, D-Coeur d'Alene, said the move "is not a change in policy. It corrects the legislation to go back to the intent of the policy." The bill is retroactive to Jan. 1.

Complete Article Here.

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