MEDIA ALERT

Contact: Matt Borud
Idaho Commerce
208.334.2470

matt.borud@commerce.idaho.gov

 

 Idaho Economic Advisory Council Announces June 2020 Meeting

 

BOISE, Idaho—June 23, 2020— The Idaho Economic Advisory Council will meet via teleconference on Thursday, June 25, 2020 at 2:00pm MT to review three Tax Reimbursement Incentive applications. The meeting will be held via teleconference:

Join from your desktop or mobile device: https://us02web.zoom.us/j/82485487913.

Dial in for audio only connection: 1-253-215-8782.

View the full agenda here.

The Idaho Economic Advisory Council advises the Governor and the Idaho Department of 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 percent for up to 15 years to qualifying new or expanding Idaho businesses.

For the full list of Idaho Commerce’s Economic Advisory Council members, click here.

To learn more about the Idaho Tax Reimbursement Incentive, click here.

 

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