Idaho Committee Increases Tax Commission Funding by $3.3M to Help Conform with 'Big, Beautiful' Bill

Idaho committee increases Tax Commission funding by $3.3M to help conform with 'Big, Beautiful' bill

The rotunda at the Idaho Capitol in Boise on Jan.17, 2022. (Otto Kitsinger for Idaho Capital Sun)The Idaho Legislature’s powerful budget committee on Friday agreed to increase funding for the Idaho State Tax Commission by more than $3.3 million, in part to help implement new federal tax changes championed by President Donald Trump.  GET THE MORNING HEADLINES. SUBSCRIBE The Idaho Legislature’s Joint Finance-Appropriations Committee, or JFAC, vo…

Statehouse roundup, 2.20.26: JFAC approves tax conformity funding, rejects military scholarships

Budget-setting lawmakers Friday approved additional funding for the state to implement federal tax cuts. But they rejected scholarship funding for National Guard members.  The Joint Finance-Appropriations Committee this week started considering “enhancement” budget requests, which could reverse some of the 4% and 5% cuts that JFAC approved for this fiscal year and next fiscal year, respectively.  JFAC swiftly approved $765,300 for this year for …