Tag: Taxation

2021 Legislative Update: Week 9

EMPLOYMENT & TAXES New Legislation: This week, Senate Bill 1161, introduced by Senator Jim Guthrie (R-McCammon), was referred to the Senate Commerce and Human Resources Committee and sent to be amended.  This bill would add regulation to the system of apprenticeships for electricians.  The system would designate one journeyman electrician to every two apprentices. New Legislation:…

Read more »

2021 Legislative Update: Week 8

ECONOMY, TAXATION, AND TRANSPORTATION Update: Senate Bill 1041, introduced by Senator Jim Guthrie (R-McCammon), would adjust a section of code that bans businesses and individuals from charging excessive prices for pharmaceuticals, water, food and fuel during a state of emergency (also known as price gouging). This bill amends that law to clarify that an exorbitant…

Read more »

2021 Legislative Session: Week 7

ECONOMY, TAXATION, AND TRANSPORTATION New Legislation: House Bill 209 would funnel federal dollars that Idaho is currently receiving for Medicaid into a savings fund called a “stabilization fund.” These funds would be used if the Medicaid program ever overstepped its appropriated funds in the future. Idaho currently has massively overstepped its Medicaid budget by an…

Read more »

2021 Legislative Update: Week 6

ECONOMY & TAXATION New Legislation: Representative Steven Harris has introduced a bill, House Bill 199, to lower the state income tax and sales tax. This would create ease on low-income families as it repeals the grocery tax credit and would create $284,000,000 in total tax relief. This bill is currently in the House Revenue and…

Read more »

2021 Legislative Update: Week 4

ECONOMY & TAXATION New Legislation: Senate Bill 1041 introduced by Senator Jim Guthrie would prohibit excessive price increases during a declared emergency, amending an already existing law. The bill would protect consumers from unfair pricing in trade and commerce. This week, the legislation was passed out of the Senate Commerce and Human Resource Committee and…

Read more »

The Stamp Act Speech

It was #OTD, May 30th, 1765, Patrick Henry gave his Stamp Act speech. “Treason!” was the cry of many to his words, to which Henry responded, “If this be treason, make the most of it!” This speech was the first intellectual shot fired of the American Revolution. Patrick Henry’s Resolutions copied from the Journal of…

Read more »