Tax exemptions and the Governor's address

Governor's State Address focuses on education and tax relief. 

Why this matters: Outlines budget and policy priorities for the upcoming year.

On January 8th, Governor Brad Little delivered the 2024 State of the State Address and the FY2025 budget highlights. A few things to note for  nonprofits in Idaho:  

• Fully funds the Idaho LAUNCH program ($75 million), to ensure grants are awarded to up to 10,000 Idaho graduates. Grants may be used at any Idaho college, career technical program, or workforce training provider of their choice for an in-demand career.
  
  
• Provides an additional $806,000 for home delivered meals and to increase the reimbursement rate for congregate and home delivered meals by 25 cents per meal. This will assist Area Agencies on Aging (AAA’s) that are experiencing shortfalls and waiting lists for this critical program for seniors.  
  
  
• Recommends $125 million of state funding for ongoing property tax relief to be directed to local school districts to defray the costs of unmet capital construction needs. This is expected to provide more than $1 billion in long-term property tax relief.  

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