|BOISE, Idaho (March 23, 2020) — The Idaho Economic Advisory Council will have our regular monthly meeting via teleconference on Thursday, March 26 at 2:00 p.m. MST to discuss the current business environment and updates on COVID-19 to the best of our knowledge. The meeting will be held at the Department of Commerce in the J.R. Williams Building Clearwater Conference Room on the Second Floor (700 W. State Street, Boise).
View the full agenda here.
The Idaho Economic Advisory Council advises the Governor and Idaho Commerce on goals and objectives that further economic development within the state. The council makes recommendations to the Governor on applications for block grant funding and reviews industrial revenue bond allocations. Additionally, council members advise their regions on economic development opportunities and represent their interests to state government.
Beginning July 1, 2014, the Economic Advisory Council also gained statutory oversight authority for the new Idaho Tax Reimbursement Incentive. The council reviews and grants final approval for refundable credits on income, sales and payroll taxes of up to 30% for up to 15 years to qualifying new or expanding Idaho businesses.
For the full list of the Idaho Commerce Economic Advisory Council members, click here.
To learn more about Community Development Block Grant funding, click here.
To learn more about the Idaho Tax Reimbursement Incentive, click here.