Author: Jacob Hupp

  • Idaho governor signs bill to reduce unemployment insurance tax rate

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    Gov. Brad Little (R) signed Idaho House Bill 428 into law on Mar. 6, 2024, reducing employer-paid unemployment insurance taxes by 20%. The bill retroactively took effect starting Jan. 1. The state estimates Idaho businesses will save about $44 million in 2024 taxes and $117 million over the next five years under the new law. …