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


