“Last month, Republicans pitched three different proposals to address rising property taxes. One would have given state funds to school districts to help them pay off bonds and levies, which are funded by property taxes. Another proposed subsidizing residential property taxes using sales tax revenue. The third would have let the homeowner’s exemption, a property tax reduction program, rise with market values. House Bill 292 combined aspects of two of the previous proposals.” – East Idaho News, March 14, 2023