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Category: Tax Cuts

  • 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 – […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • March 1, 2024 - JFAC advances IDAHO WORKS transportation funding plan

    Boise, Idaho – Governor Brad Little commented today on the Joint Finance-Appropriations Committee advancing his recommendation for increased transportation funding. The committee approved Governor Little’s recommendation for an additional $200 million to continue fixing Idaho’s 900 outdated bridges and an additional $302 million ongoing for road maintenance and safety projects. Local cities and counties receive 40% […]

  • February 23, 2024 - LAUNCH, school facilities funding bills accelerate in Legislature

    Boise, Idaho – Governor Brad Little commented today on two of his key priorities reaching legislative milestones. Funding for LAUNCH passed the Joint Finance-Appropriations Committee with broad support and heads to the House. The popular grant program offers graduating high school seniors up to $8,000 to enter a training program aligned with an in-demand career, […]