The bill, which is expected to reduce the state's revenue by $253 million, will lower the flat income tax rate for ...
Idaho Gov. Brad Little signed House Bill 40 into law Thursday, reducing income tax rates and expanding exemptions.
House Bill 40 passed the Idaho Senate on Tuesday by a vote of 27-8 and is now awaiting Gov. Little’s signature or veto.
BOISE, Idaho (KMVT/KSVT) — Governor Brad Little signed House Bill 40 on Thursday, the largest tax cut in state history.
Enter House Bill 40, one of a set of tax cut bills brought forward by House Speaker Mike Moyle, R-Star. Moyle was the recipient of a $1,000 contribution, the maximum allowed by law, from Gleason ...
The Idaho Senate passed a projected $253 million tax cut, in addition to exemptions for military pensions and the removal of ...
The Idaho legislature has passed a bill with significant updates to tax regulations, now pending the governor's decision for ...
Under HB 40, a household earning between $55,600 and $91,800 would save around $127 on average on state income taxes, according to a report by the Idaho Center for Fiscal Policy. Those earning up to ...
The new Idaho law reduces both the individual income tax rate and corporate income tax rate down from the current level of ...
Idaho senators signed off on a $253 million income tax cut Tuesday in the face of falling state tax collections.
The Idaho Senate, in a 27-8 vote, passed a bill on Tuesday to cut Idaho’s income tax rate, reducing state revenue by $253 million.  House Bill 40, sponsored by Sen. Doug Ricks, R-Rexburg, would do ...
The Idaho Senate voted to send a massive tax cut — described as part of the largest in state history — to Gov. Brad Little’s desk Tuesday, despite concerns from some lawmakers about the bill’s ...