Gov. Little signs bill to give 20% unemployment insurance tax cut to Idaho businesses

Press Release

Date: March 6, 2024
Location: Boise, Idaho

"Idaho has the strongest economy in the nation, putting us in the enviable position of being able to change the unemployment insurance tax formula to save employers money while maintaining a solvent trust fund. We are on pace to deploy $3.7 billion in tax relief since I took office in 2019, with even more on the way. Idaho is proud that we have delivered more tax relief per capita than any other state while making meaningful investments in schools, roads, and infrastructure. Our businesses large and small are a huge component of Idaho’s success, and we thank them for helping to keep our economy the envy of other states!"


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