The Economic Advisory Council was established under Idaho Code 67-4704. The Council’s main purpose is to advise the Governor and Idaho Commerce on goals and objectives that further economic development within the state.
The council also makes recommendations to the Governor on applications for Community Development and Rural Community Block Grant funding, review Industrial Revenue Bond allocations, and review Tax Reimbursement Incentive applications.
In addition, Council members advise their regions on economic development opportunities and represent their interests to state government. The Council consists of seven members, appointed by the Governor, with one member appointed from each of the state’s six economic development regions and one member appointed at-large. Members serve three year terms and can be reappointed.