Molly Messick reports this evening at the Statehouse, the Economic Outlook and Revenue Assessment Committee (EORAC) meets to discuss an important number: its revenue forecast. Just as the governor bases his budget on a revenue estimate, so does the Idaho Legislature. Both numbers are critical, because they dictate the spending levels that lawmakers will settle on over the course of the session.
Child Tax Credit Expiration Will Lead to Tax Increase on Middle Income Families
- The Idaho Legislature passed over $290 million in income tax relief during the 2025 Session. The relief came from House Bill 40, which lowered