The Legislature’s joint Economic Outlook and Revenue Assessment Committee convenes today at the Capitol, starting at 1 p.m.; you can watch live here. The committee, a bipartisan panel of nine senators and nine representatives, will hear from an array of presenters on the state of Idaho’s economy, as lawmakers prepare to gauge how much tax revenue will be available for next year’s state budget.
The committee’s hearings will be in room EW 42 of the Capitol, from 1-5 p.m. today, and from 8:30 a.m. to 5 p.m. on Friday. Today’s agenda is online here; Friday’s is online here. The committee’s full information packet is online here.
The panel, which goes by the somewhat unwieldy acronym EORAC, will meet again next Thursday, Jan. 11, at 3 p.m., also in room EW 42, for motions and votes on the revenue figure it’ll recommend to the Joint Finance-Appropriations Committee for next year’s state budget.
Among those presenting today are Idaho Chief Economist Derek Santos; PERSI Chief Investment Officer Bob Maynard; and officials from the state departments of labor and commerce; Micron Technology; Mountain West Bank, the Idaho Association of Realtors and the Idaho Retailers Association. On Friday, presenters will include representatives of the National Federation of Independent Business; the Idaho Automobile Dealers Association; the Idaho Association of General Contractors; the Idaho Medical Association; Idaho National Laboratory; Idaho Forest Group; CapEd Credit Union; IACI; the state Tax Commission; Associated Taxpayers of Idaho; and economists from the University of Idaho, BSU and ISU.