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<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><img width="624" height="147" style="width:6.5in;height:1.5347in" id="_x0000_i1025" src="cid:image001.png@01D819BD.D8320620" alt="Graphical user interface, text
Description automatically generated"></span><span style="font-family:"Segoe UI",sans-serif"><o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"> <o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif">FOR IMMEDIATE RELEASE<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif">February 4, 2022<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNoSpacing" align="center" style="text-align:center"><b><u><span style="font-size:24.0pt;font-family:"Segoe UI",sans-serif">Gov. Little signs his “Leading Idaho” income tax relief bill<o:p></o:p></span></u></b></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif">Boise, Idaho – Governor Brad Little signed the first bill of the 2022 legislative session today – his “Leading Idaho” income tax cut bill that provides one-time and ongoing income tax relief
to Idahoans.<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNoSpacing"><b><span style="font-family:"Segoe UI",sans-serif">“Never in my life did I think we would achieve the ‘TRIFECTA’ – historic tax relief, historic education investments, and historic investments in transportation in one year. Some say,
‘You can’t have your cake and eat it, too,’ but clearly we are proving them wrong here in Idaho,”</span></b><span style="font-family:"Segoe UI",sans-serif"> Governor Little said.
<b>“Taxes should be fair, simple, competitive, and predictable, and the passage of my ‘Leading Idaho’ income tax relief bill is a step in that direction. We are making Idaho even more business friendly and competitive.”</b><o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNoSpacing"><a href="https://legislature.idaho.gov/sessioninfo/2022/legislation/H0436/"><span style="font-family:"Segoe UI",sans-serif">House Bill 436</span></a><span style="font-family:"Segoe UI",sans-serif"> provides $350 million of tax relief
through a one-time tax rebate this spring and $251 million in ongoing tax relief beginning in July by lowering income tax brackets.<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNoSpacing"><b><span style="font-family:"Segoe UI",sans-serif">“The cooperation that exists between my office and my partners in the Legislature is very important to me, and it is part of the reason we are here today. I appreciate the Idaho Legislature
for making tax relief a priority,”</span></b><span style="font-family:"Segoe UI",sans-serif"> Governor Little said.<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif">Since Governor Little took office three years ago, we have cut nearly $1 billion in taxes, and in signing House Bill 436 today, Governor Little said we are on track to return more than
$1 billion in income tax relief to Idaho taxpayers over the next five years.<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif">Governor Little said getting more money back into the pockets of Idahoans as soon as possible is especially important because Idahoans are facing the burden of surging inflation and federal
debt.<o:p></o:p></span></p>
<p class="MsoNoSpacing"><b><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></b></p>
<p class="MsoNoSpacing"><b><span style="font-family:"Segoe UI",sans-serif">“Our country reached a grim milestone this week – the national debt, for the first time in history, exceeds $30 trillion. Meanwhile, here in Idaho, we have a record budget surplus of
$1.9 billion, which represents a whopping 40-percent of our General Fund!”</span></b><span style="font-family:"Segoe UI",sans-serif"> Governor Little said.<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif">Governor Little’s
</span><a href="https://gov.idaho.gov/pressrelease/gov-little-highlights-plan-for-education-investments-tax-relief-in-2022-state-of-the-state-and-budget-address/"><span style="font-family:"Segoe UI",sans-serif">Leading Idaho plan</span></a><span style="font-family:"Segoe UI",sans-serif">
also makes investments in education, transportation, water, broadband and many other areas to keep up with Idaho’s record growth and ensure continued prosperity for our state.<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></p>
<p class="paragraph" align="center" style="text-align:center;background:white"><span class="normaltextrun"><span style="font-family:"Segoe UI",sans-serif;color:black"># # #</span></span><span class="eop"><span style="font-family:"Segoe UI",sans-serif;color:black"> </span></span><span style="font-family:"Segoe UI",sans-serif"><o:p></o:p></span></p>
<p class="paragraph" style="background:white"><span class="normaltextrun"><span style="font-family:"Segoe UI",sans-serif;color:black"> </span></span><span class="eop"><span style="font-family:"Segoe UI",sans-serif;color:black"> </span></span><span style="font-family:"Segoe UI",sans-serif"><o:p></o:p></span></p>
<p class="paragraph" style="background:white"><span class="normaltextrun"><span style="font-family:"Segoe UI",sans-serif;color:black">NEWS MEDIA CONTACT: Marissa Morrison Hyer, Press Secretary</span></span><span class="eop"><span style="font-family:"Segoe UI",sans-serif;color:black"> </span></span><span style="font-family:"Segoe UI",sans-serif"><o:p></o:p></span></p>
<p class="paragraph" style="background:white"><span class="normaltextrun"><span style="font-family:"Segoe UI",sans-serif;color:black">208-943-1686 or </span></span><span style="color:black"><a href="mailto:marissa.morrison@gov.idaho.gov"><span class="normaltextrun"><span style="font-family:"Segoe UI",sans-serif;color:#0563C1;text-decoration:none">marissa.morrison@gov.idaho.gov</span></span></a></span><span class="normaltextrun"><span style="font-family:"Segoe UI",sans-serif;color:black"> </span></span><span class="eop"><span style="font-family:"Segoe UI",sans-serif;color:black"> </span></span><span style="font-family:"Segoe UI",sans-serif"><o:p></o:p></span></p>
<p class="paragraph" style="background:white"><span class="normaltextrun"><span style="font-family:"Segoe UI",sans-serif;color:black">--</span></span><span class="eop"><span style="font-family:"Segoe UI",sans-serif;color:black"> </span></span><span style="font-family:"Segoe UI",sans-serif"><o:p></o:p></span></p>
<p class="paragraph" style="background:white"><span style="color:black"><a href="https://visitor.r20.constantcontact.com/manage/optin?v=001jPcDrZTUF2iffZAaFR5CaCO9D9OTNmcIrS9m2JnRBQLxSmCCDvAfzkhQC6WRNcW4O6931CUyPvAzTSP21AiJ4rioUvabaHbWJxzuwF2hEYM%3D#_blank"><span class="normaltextrun"><i><span style="font-family:"Segoe UI",sans-serif;color:#0563C1;text-decoration:none">Sign
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