A New Governor in Office, Week 1 2019
The first week of the 2019 Legislative session is now in the books. The week started with Governor Brad Little’s State of the State address. He spoke about Idaho's strength in the economy and nation. He also set out a number of his priorities, including education funding and honoring the people’s will with Medicaid expansion.
Governor Little recognizes we may have a timing problem when we look at collection of individual income taxes. The state is rapidly approaching a $100 million deficit in individual income tax collections when compared to projections. This issue is caused by an under withholding of individual tax payers’ income due to a change in the tax tables. Some estimate we may fall upwards of $200 million behind before the timing issue corrects itself by the end of our fiscal year in July. However, the experts are confident this timing issue will be resolved even amidst the added degree of difficulty to the budgeting process.
I look forward to keeping you informed with highlights taking place in the Idaho Capitol during our legislative session.
Below are some recent activities. I hope you will enjoy the information. For more details, you can log onto legislature.idaho.gov where you will find bills, committee recordings and live stream videos of our House and Senate floor sessions. I look forward to your involvement.