[Vision2020] LEGISLATIVE SPECIAL--STIMULUS PACKAGE IMPACT ON IDAHO
ttrail at moscow.com
ttrail at moscow.com
Tue Mar 31 21:11:06 PDT 2009
LEGISLATIVE SPECIAL--STIMULUS PACKAGE IMPACT
ON IDAHO
Constituents -- I received a number of inquiries about the impact of
the Economic Stimulus Package on Idaho. Idaho's share initially got $1.2
billion mostly for education, transportation, Medicaid and other programs
that filter down to schools and communities. Idaho's share may top $2.5
billion when the counting stops. We probably will not know the full
extent until well into 2010. I should point out that Idaho receives
about $1.6 billion annually and has for years received funding from the
federal government. I will now try and give you a general idea of how
the money will be spent.
1. Public Education--$260 million--Of this $166 million will help pay
school bills through 2011. About $85 million will keep from having to
cut public education this year. In 2010, JFAC wants to put $60 million
into school budgets to help ease teacher pay cuts. About $24 million
will boost learning for low income students. Special education will
received about $55 million. The Feds in 1972 promised to pay 40% of
special education funding but only came through with about 15%
annually. Idaho will also receive $13.5 million with grants improving
learning technology.
2. Senior Meals/Job Training -- About $485,000 will expand meals for
homebound people and through feeding sites such as senior job citizen
centers.
3. Housing -- The state will receive $15 million. New low cost
units for low income people will receive $8.8 million. About $4.4
million is targeted to reduce the homeless population through rental
subsidies and moving assistance.
4. Unemployment -- Idaho's unemployment rate is about 7 percent or
about 51,000 citizens out of work. About $160 million will be coming in
over a two year period. $40 million will add $25 weekly to unemployment
checks. $75 million will lengthen the time to collect unemployment
benefits, and $33 million provides alternative ways to qualify for
benefits.
5. Energy Saving Buildings -- $28 million--of which $16-$19 million
will go to energy efficient schools. The remainder will go to provide
solar power to selected schools.
6. Idaho Arts -- Idaho Arts will receive $294,000. The money will
be used to help professional arts organizations around the states that
have suffered losses.
7. Health and Welfare -- A total of $408 million comes to the
state. Of this $255 million will pay medical bills for low income people
(Medicaid). The food stamp program will receive $64 million. About
125,000 Idahoans now qualify for food stamps. Some $31 million will be
used to boost energy efficient homes for low income housing.
8 Roads, Sidewalks, and Bridges -- $182 million. A total of almost
$150 million will complete the major interstate project in the Treasure
Valley and the Dover Bridge in N. Idaho. Local roads and sidewalks will
receive $28 million.
9. Healthy Forests are targeted for $8.8 million. The funds will be
used for fire prevention and to improve roads and trailheads.
10. Governor's Discretionary Money -- $45 million--Governor Otter
will used $5 million for drinking water improvements, $10 million for
waste water projects, and $29 million for transportation projects.
11. Environment -- This category will receive $61 million. Of this
$20 million will be used to clean up the Bunker Hill mining site. $20
million will be directed toward improving water projects, and $19 million
to improve water systems.
There are also some other impacts of stimulus money that is on the way:
1. Federal Tax Cuts--$209 million willl go as a credit to working
families. A tax credit will return $400 a year for workers earning up to
$95,000 and $800 forcouples earning up to $190,000. It is estimated this
will benefit over 500,000 Idahoans.
College Assistance--Some $50 million is directed to this program.
A college tuition tax credit of up to $2,500 has been expanded to include
for low income students. This may benefit some 20,000 Idahoans.
2. State Tax Breaks--Help with new car purchases is estimated at $1.6
million. This allows one to deduct the sales and excise tax on new
vehicle purchases up to $49,500.
3. Tax break for businesses--An estimated $5 million to help recover
new costs of new equipment purchased in 2009.
I suspect this is far more than you wanted to know, but at least it
will give you a short hand version of what the Economic Stimulus Package
means to the State.
Rep. Tom Trail
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