House Bill 463 would make substantial changes to Idaho’s tax code, in part as a response to recent federal tax cuts. The legislation would also cut Idaho’s state income tax rates for households and corporations, changing significantly the way the income tax load is carried by residents. The proposal also includes a nonrefundable state child tax credit, although this does not offset the tax increases for some Idaho families from full conformity.
To continue reading this report, please open the PDF here.
The Idaho Legislature’s 2025 Income Tax Relief Package Left Middle-Income Families Behind
- The Idaho Legislature is responsible for allocating millions of tax dollars each year to support Idaho’s families, businesses, schools, and communities. Over the last
