MEDIA ALERT

Contact: Matt Borud
Idaho Commerce
208.334.2470
matt.borud@commerce.idaho.gov

 

Idaho Economic Advisory Council Announces November Meeting

 

BOISE, Idaho (November 13, 2020) — The Idaho Economic Advisory Council will meet on Thursday, November 19, 2020 at 2:00 p.m. MST to review four Tax Reimbursement Incentive applications and two Community Development Block Grant CARES applications. The meeting will be held via teleconference.

Meeting ID: 894 8306 5081
Join from your desktop or mobile device: https://us02web.zoom.us/j/89483065081
Dial in for audio only connection: +1-346-248-7799

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.

 

###