MEDIA ALERT

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

 

Idaho Economic Advisory Council Announces October Meeting

 

BOISE, Idaho (October 20, 2020) — The Idaho Economic Advisory Council will meet via teleconference on Thursday, October 22, 2020 at 2:00 pm MT to discuss CDBG and RCIF updates, and to review 9 public park CDBG applications. The council will also hear project updates for Project Flare, Project Grin, and Project Diecast, and receive an overview of the Idaho Commerce internal trade secret scoring process. The meeting will be held via teleconference:

Meeting ID: 894 8306 5081
Join meeting: https://us02web.zoom.us/j/89483065081
Dial in for audio only connection: +1-346-248-7799

Click here to view the full meeting agenda.

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 gained statutory oversight authority for the 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, to learn more about Community Development Block Grant funding, and to learn more about the Idaho Tax Reimbursement Incentive, visit https://commerce.idaho.gov/.

 

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