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On January 17, 2026, Idaho lawmakers passed several new business laws aimed at supporting small businesses and promoting economic growth in the state. The new legislation comes as a response to the challenges faced by small businesses in the wake of the COVID-19 pandemic and aims to create a more business-friendly environment for entrepreneurs.One of the key laws passed is the Small Business Support Act, which provides tax incentives and grants to small businesses in Idaho. Under this law, small businesses will be able to deduct a portion of their expenses related to hiring and training employees, as well as upgrading their facilities and equipment. Additionally, small businesses that meet certain criteria will be eligible for grants to help cover operating costs and expansion efforts.Another important piece of legislation is the Small Business Investment Act, which creates a fund to provide low-interest loans to small businesses in need of capital. The fund will be managed by the state government and will prioritize businesses that demonstrate potential for growth and job creation. This law aims to address the financing challenges faced by many small businesses and help them access the capital they need to thrive.In addition to these new laws, Idaho has also introduced a Small Business Advisory Council, which will provide guidance and support to small businesses navigating the complex regulatory environment. The council will consist of industry experts, government officials, and small business owners, and will focus on identifying barriers to growth and developing solutions to help small businesses succeed.Overall, the new business laws in Idaho are designed to create a more supportive and inclusive business environment, where small businesses can thrive and contribute to the state's economic prosperity. Lawmakers hope that these measures will encourage entrepreneurship, job creation, and innovation, positioning Idaho as a leader in small business development.