BOISE, Idaho (AP) — Idaho Gov. Brad Little has signed a massive tax cut and education spending bill made possible by the state’s projected $2 billion budget surplus. The Republican governor signed the bill late Thursday after it made a speedy trip through the Legislature in a one-day special session. It passed the House 55-15 and the Senate 34-1. The legislatin has a $410 million annual increase through sales taxes for education as well as a $500 million income tax rebate this year. The bill also has an ongoing $150 million income and corporate tax cut by creating a 5.8% flat tax. Little last week called the special session due to high inflation.
Idaho governor signs massive tax cut, education bill
