The Idaho Senate and House have come to an initial agreement on how much of a break to give businesses on the tax they pay on equipment, paving the way for an expected end to the legislative session on Wednesday. 

The agreement was hammered out in a special conference committee made up of three senators and three House members. 

The new bill exempts the first $100,000 of equipment in each county for businesses and does not go into effect unless state revenues grow by 5 percent. 

The House and Senate must still vote on the compromise, but the bill is expected to pass.