• Slide title

    Write your caption here
    Button

Idaho Technology Council Statemednt on Congressional Passage of R&D Expensing Legislation
July 3, 2025


The Idaho Technology Council (ITC) applauds the United States Congress for the bipartisan passage of legislation that restores full and permanent R&D expensing under Section 174. This action marks a critical milestone for American innovation and economic competitiveness—especially for the small and mid-sized technology businesses that are the backbone of Idaho’s innovation economy.


As an active member of the Technology Councils of North America (TECNA) Public Policy Committee, ITC has worked in close collaboration with peer tech councils across the country to advocate for this essential reform. Over the past year, ITC has made multiple trips to Washington, D.C., meeting directly with Idaho’s Congressional delegation to highlight the impact of R&D amortization on our state’s innovators, entrepreneurs, and small businesses. These advocacy efforts were instrumental in raising awareness and building momentum for reform.


The ITC especially appreciates the steadfast leadership of Senator Mike Crapo, Ranking Member of the Senate Finance Committee, whose commitment to restoring and making R&D expensing permanent was vital to moving this legislation across the finish line. His understanding of the innovation economy and consistent support for Idaho’s tech sector have helped ensure that our state remains a stronghold of entrepreneurial growth and advanced technology development.


Restoring full and permanent R&D expensing delivers long-term certainty to technology companies of all sizes, enabling them to invest confidently in research, workforce development, and innovation that drives high-value job creation. The inclusion of retroactive relief for small businesses is particularly meaningful for Idaho’s early-stage companies navigating the challenges of growth and global competitiveness.

ITC remains committed to championing policies that strengthen Idaho’s innovation ecosystem and appreciates the continued partnership of our federal delegation in achieving these goals.


The R&D provisions include:

  • Permanent full expensing for R&D investments under Section 174, reversing the harmful amortization requirement that went into effect in 2022.
  • A small business retroactivity provision, allowing businesses with annualized receipts of $31 million or less to reclaim previously incurred R&D expenses and receive refunds.

These provisions are the result of more than three years of sustained advocacy by TECNA.


About the Idaho Technology Council
The Idaho Technology Council (ITC) is a member-based organization that champions innovation and collaboration to grow Idaho’s economy through technology. Representing a dynamic and growing community of entrepreneurs, industry leaders, and policymakers, ITC connects vision with action to position Idaho as a hub for innovation and opportunity. Learn more at www.idahotechcouncil.org.


Contact: Diane Bevan, CEO | diane@idahotechcouncil.org | www.idahotechcouncil.org

Why Healthy Entrepreneurial Ecosystems Matter for Idaho’s Next Growth Phase

by Diane Temple • 18 February 2026
Healthy Ecosystems depend upon entrepreneurship.

Idaho Delegation Completes Historic Trade Mission to Taiwan, Advancing Semiconductor Workforce Development and International Business Partnerships

by Diane Temple • 11 February 2026

Meet Aditya Ravindra

by Tim Munkres • 11 February 2026
Introducing: Aditya Ravindra, Enterprise AI & Analytics Expert, InterMountain AI Consultants Describe the business/organization you work for: InterMountain AI Consultants helps small and medium-sized businesses transform data chaos into competitive advantages. I specialize in sifting through complex details and compiling them into actionable insights—and no, it's not as boring as it sounds. Here's a real example from this week: A local Idaho-based moving and storage company was drowning in spreadsheets, unable to see their financial picture in realtime. I built them a custom financial dashboard that consolidates revenue, expenses, and profitability metrics into live visualizations they can access from any device. Now their leadership team makes data-driven decisions in minutes instead of spending hours digging through Excel files. The dashboard transforms their raw operational data into clear insights about which services are most profitable, seasonal trends, and cash flow patterns. Simply put: data talks, I listen, and I help business leaders join the conversation. What inspired you to start your own business, or why did you decide to work for this specific organization? Scope and impact. I currently work as a Senior Data Consultant at a Fortune 5 healthcare company, where every day presents new challenges at enterprise scale. While pursuing my Master's in AI from UT Austin, I've found it incredibly rewarding to apply cutting-edge theories to realworld problems. However, working within a large organization often means being channeled into specific projects. I wanted to branch out—to create customized solutions across diverse industries and help regional businesses access enterprise-level AI expertise. I need variety to thrive, and consulting allows me to bring Fortune 500 methodologies to local Idaho businesses who need them most. What sets this business apart from others in the industry? Continuous education and cutting through the AI hype. My approach isn't just about degrees and credentials—it's about staying on the cutting edge. I regularly complete the latest training workshops, AI certifications, and technical courses to understand what's actually emerging in AI versus what's just buzzwords. This knowledge lets me guide businesses toward practical, ROI-driven solutions rather than expensive experiments. I translate complex AI capabilities into business language and help leaders understand what will actually move the needle for their specific operations. Think of me as an AI translator who speaks both data science and business outcomes. What challenges have you faced as a business owner or employee, and how did you overcome them? The biggest challenge is navigating client fear and skepticism around AI. Many business leaders feel overwhelmed by AI hype or worry about implementation complexity. I've turned this into my superpower—I guide clients through the noise toward what's genuinely useful for their specific needs, distinguishing practical tools from empty promises. The second challenge is the "how"—designing the optimal customized solution from thousands of possible approaches. While sometimes overwhelming, this is also the most rewarding part. Each client's unique data environment requires creative problem-solving, and finding that perfect fit between their needs and the right AI tools keeps the work engaging. What advice would you give to someone looking to join your industry? Three pieces of advice: First, just start. Don't wait for perfect conditions—pick a course, open your laptop, and begin. We're at the ground floor of AI, and this opportunity won't last forever. Second, embrace failure as education. Not every approach will work, but each failure teaches you what will succeed next time. The projects that work best are often built on lessons from the ones that didn't. Third, find ways to make it fun. Every job has monotonous moments, but approaching AI problems creatively keeps both learning and application enjoyable. The intersection of curiosity, persistence, and practical application is where real value emerges. About the Idaho Technology Council The Idaho Technology Council (ITC) is a member-based organization that champions innovation and collaboration to grow Idaho’s economy through technology. Representing a dynamic and growing community of entrepreneurs, industry leaders, and policymakers, ITC connects vision with action to position Idaho as a hub for i nnovation and opportunity. Learn more at www.idahotechcouncil.org . Connect with Aditya on LinkedIn HERE Check out InterMountain AI Consultants HERE