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Gov. Little Signs One Big Beautiful Bill Tax Cuts

The law adopts federal tax cuts retroactive to Jan. 1, 2025, with an estimated $155 million revenue reduction this fiscal year, affecting Idaho taxpayers and businesses.

Summary by KIFI
Originally posted on IdahoEdNews.org on February 12, 2026 BOISE, Idaho (KIFI) — BOISE, Idaho (KIFI) — Idaho’s version of the One Big Beautiful Bill is now law. Gov. Brad Little Wednesday signed a bill to adopt most of the tax cuts in President Donald Trump’s omnibus policy law — and make the tax cuts retroactive to 2025. Supporters of House Bill 559 pushed for an immediate rollout of the tax cuts. They argued that this would allow working Idahoa…

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KPVI broke the news in on Thursday, February 12, 2026.
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