Tax Incentives Bill Passes House



By Brooke Yerke

Governor Kempthorne’s plan to provide millions of dollars in tax incentives to Albertsons or other Fortune 500 companies that bring at least 500 high-wage employees to Idaho rocketed through the Idaho house Tuesday.

The bill is now on its way to the senate.

The plan provides tax credits, jobs credits and property tax breaks to large companies that hire at least 500 new employees earning an average of $50,000 annually.

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