Due in large part to the record-setting tax relief bill we passed this year, Idaho's economic outlook jumped from 10th to 2nd best, which was the largest ranking improvement of
any state in 2018. https://t.co/p1W1cUN3uO
As the session ends, proud to have supported one of the largest tax cuts in Idaho's history. The nearly $225 million plan reduces personal income and corporate tax rates, as well as creating a $205 Idaho child tax credit.
Republicans are supporting an increase in the per-child tax credit for Idaho families.
HB 675, following the major income tax cut bill recently signed into law by Gov. Otter, boosts the per-child tax credit from $130 to $205.
Bill will be voted on soon in the Senate.