Category: Tax Cuts
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March 6, 2025 - Idaho delivers largest income tax cut in state history, sending another $253 million back to Idahoans
Boise, Idaho – Governor Brad Little joined members of House and Senate leadership today in signing House Bill 40, sending another $253 million back to Idahoans’ pockets in the form of income tax cuts. Governor Little called for additional tax relief in his KEEPING PROMISES plan. Most of the tax cut is achieved by reducing […]
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March 5, 2025 - Gov. Little’s KEEPING PROMISES plan for public schools, transportation funding advances in Legislature
Boise, Idaho – Governor Brad Little commented today on two of his key KEEPING PROMISES priorities clearing the Idaho House of Representatives with unanimous support. The Idaho House of Representatives voted 70-0 today to advance additional funding for rural public school facilities and increased funding for critical transportation projects across our growing state, both part […]
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January 6, 2025 - Governor Little’s KEEPING PROMISES plan keeps Idaho’s success going strong
Boise, Idaho – Governor Brad Little delivered his seventh State of the State and Budget Adress in the Idaho Statehouse today, outlining his key priorities for the 2025 legislative session in his KEEPING PROMISES plan. “The historic presidential election two months ago affirmed one thing – Americans want for our country what Idaho has – […]
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December 13, 2024 - Idaho saves businesses another $22 million in taxes
Boise, Idaho – Governor Brad Little announced today the unemployment insurance tax rate will decrease a whopping 20 percent in 2025. “There’s no doubt Idaho is the country’s leading success story on how to strengthen businesses and keep taxes low. Idaho has the highest percentage increase of jobs since the pandemic in the nation. Our […]
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August 13, 2024 - Idahoans to receive $76.5 million in more property tax relief
Idaho ends fiscal year with budget surplus and improved credit rating Boise, Idaho – Governor Brad Little commented today on the news that Idaho closed the books on Fiscal Year 2024 with another strong performance, further reinforcing Idaho’s economic strength, prudent budgeting, and focus on the taxpayer. Idahoans will receive an additional estimated $76.5 million […]
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June 14, 2024 - Fitch affirms Idaho’s AAA credit rating for fourth year in a row
Boise, Idaho – Governor Brad Little commented on the announcement today from Fitch Ratings, one of the three big credit rating agencies in the country, that it affirmed Idaho’s AAA credit rating, the highest level a state can receive. Only a handful of states achieve the AAA credit rating annually. “Thanks to our diligent and […]
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April 10, 2024 - Gov. Little applauds historic investments in schools, workforce training during 2024 legislative session
Boise, Idaho – The Idaho Legislature adjourned “sine die” today, and Governor Brad Little thanked his legislative partners from across the political spectrum for their support of 99% of his IDAHO WORKS plan. Notably, the Legislature passed Governor Little’s school facilities and tax relief bill while fully funding LAUNCH to help graduating high school […]
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March 21, 2024 - Gov. Little secures historic funding for school facilities, House passes LAUNCH
Boise, ID – Governor Brad Little issued the following statement applauding the passage of two initiatives in his ‘Idaho Works’ plan, securing historic investments into Idaho education from kindergarten to career. Historic funding for school facilities that doubles as long-term property and income tax relief is on its way to Idahoans following the passage of […]
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March 6, 2024 - Gov. Little signs bill to give 20% unemployment insurance tax cut to Idaho businesses
Nampa, Idaho – Surrounded by the hardworking employees of Nampa company Autovol, a leader in modular construction and automation, Governor Brad Little signed House Bill 428 today to cut unemployment insurance taxes another 20% for Idaho businesses. “Idaho has the strongest economy in the nation, putting us in the enviable position of being able to […]
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March 5, 2024 - School facilities funding, tax relief bill nears finish line, advances to full Senate
Boise, Idaho – House Bill 521, the school facilities funding and tax relief bill, passed the Senate Local Government and Taxation Committee today with a near unanimous vote. The bill, which received overwhelming support from the House of Representatives last month, now goes to the full Senate. Governor Little called for a historic investment in […]