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Ultimate Guide on the Economy for Idaho's 2012 Legislative Session

Background

Kevin Rank / Flickr

Idaho State Capitol building in Boise

On January 9th, Idaho’s Legislature will convene in Boise for its annual session.  StateImpact Idaho will be focusing our coverage on how proposals and policy decisions impact Idahoans and the area economy.  We’ve been interviewing leading lawmakers in the run-up to session and have compiled various resources to help you get involved or stay informed.

The Basics

What Lawmakers are Saying

These posts are a series of Q & A’s we did during the weeks leading up to the 2012 Legislative session.  Each conversation focused around job creation, tax policy and the state budget.

The Issues We’re Following

Governor C.L. “Butch” Otter’s View

We interviewed Governor Otter in December 2011, a few weeks in advance of the 2012 session.  We asked him about some of the major issues we’ll be following and posted a series of videos and Q & A’s.  Here are all of those segments in one place:

Lobbyists Influencing Decision Makers

The list of lobbyists and the organizations they represent shift from year to year.  Lobbyists are required to register with the Secretary of State before each session (and pay a $10 registration fee).  Lobbyists are also required to submit monthly reports detailing how much money they’ve spent on things like food, entertainment and travel for lawmakers and advertizing for their cause.

Latest Posts

Some Idaho Lawmakers Want To Capitalize On Skyrocketing Internet Retail Sales

Idaho lawmakers are moving forward with a measure to ensure the state’s 6 percent sales tax applies to all online purchases.  It’s called the streamlined sales tax bill.  A similar bill failed last year. The Magic Valley Times-News reports it’s not a new tax, but most people aren’t paying it. Idaho law already requires residents […]

Income Tax Reduction Would Make Little Difference To Small Business Owners

In reporting yesterday’s story about the competing budget priorities that legislators are weighing this session, I reached out to a lot of business groups.  I wanted to identify a small business owner who could walk me through just what a reduced individual income tax rate would mean for his or her business over time; I […]

A Life Unfolds As Idaho Sorts Out Its Budget Priorities

In the wake of spending cuts, the Idaho Legislature is now in the process of determining how the state’s revenue surplus should be spent.  It’s a process of sorting out priorities, and the decisions have palpable effects.  For one Medicaid recipient, for example, recent budget cuts mean an uncertain future, even if funding is restored. […]

Budget Setting Committee Adopts Revenue Numbers, Budget Writing Begins

The Joint Finance Appropriations Committee has agreed to budget from a figure that’s about $33 million less than Governor C.L. “Butch” Otter’s recommendation. JFAC agreed with its colleagues in the Economic Outlook and Revenue Assessment Committee to set its revenue estimate below the Governor’s number.  Now, lawmakers will set the state spending plan for fiscal […]

Idaho’s Payday Lenders Could Face Interest Rate Cap

Idaho lawmakers are considering a bill to cap how much interest payday lenders can charge borrowers. Many payday loan stores charge interest rates of up to 400 percent.  House Bill 470 would cap interest rates at 36 percent.  Bill co-sponsor Sen. Lee Heider (R-Twin Falls) told the Idaho Press-Tribune, “our society isn’t as well-off right […]

Lawmakers and Industry Reps to Brainstorm Economic Boosters

Two tax panels will join forces Wednesday to brainstorm ways to stimulate Idaho’s economy.  The Senate Local Government and Taxation Committee and the House Revenue and Taxation Committee are hosting a joint forum on the subject beginning at 9:00 am.  We’ll be liveblogging. Here’s the agenda: Food Producers of Idaho’s Brent Olmstead will talk about […]

January Tax Collections Exceed Expectations

Idaho’s General Fund tax collections exceeded expectations for the second month in a row.  The Division of Financial Management reports January collections were up $6.3 million above the forecast amount. DFM’s monthly report says the uptick is due largely to better than expected sales tax revenues. The sales tax contributed $103.7 million to the General […]

Idaho Lawmaker Wants to Make it Tougher to Raise Taxes

The Associated Press reports conservative Idaho lawmakers are pushing a constitutional amendment to require a two-thirds vote for fee or tax hikes passed by the Legislature. Sen. Steve Vick (R-Dalton Gardens) is a first term Idaho legislator.  He previously served in the Montana Legislature for seven years.  Vick wants Idaho to join about 16 other […]

Budget Co-Chairman Says Public Hearing is Painful but Worthwhile

Idaho budget writers will spend Friday morning listening to constituents.  The Idaho Statesman reports it’s just the second public hearing of its kind in 92 years. In 2011, Joint Finance Appropriations Committee Co-Chairs Rep. Maxine Bell (R-Jerome) and Sen. Dean Cameron (R-Rupert) decided to open Idaho’s budgeting process to the public.  Cameron says the idea […]

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