IdahoIdaho law removes a section concerning the treasurer's continued investing
Effective July 1, 2026, the law removes an Idaho Code section concerning the state treasurer's ability to continue investing under securities lending agreements.
What it does
The law removes a section concerning the state treasurer's continued investing, effective July 1, 2026. Lawmakers identify it as obsolete, outdated, or unnecessary.
Argument forRemoving a section lawmakers consider outdated could make state investment laws easier for treasury staff to navigate.
Argument againstRemoving the section about continued investing could create uncertainty for treasury staff about which remaining rules govern securities lending.
More detail
The law removes Section 67-1210B from Idaho Code. The section concerns the Idaho state treasurer's ability to continue investing in connection with agreements to lend securities, meaning investment assets. The repeal takes effect on and after July 1, 2026.
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Mar 30Reported Signed by Governor Brad Little on March 26, 2026 Session Law Chapter 188 Effective: 07/01/2026Became Law
- Mar 26Delivered to Governor at 12:58 p.m. on March 26, 2026To Governor
- Mar 26Returned Signed by the President; Ordered Transmitted to GovernorMinor
- Mar 25Signed by President; returned to HouseMajor
- Mar 25Received from the House enrolled/signed by SpeakerMajor
- Mar 25Reported Enrolled; Signed by Speaker; Transmitted to SenateMajor
- Mar 24Returned from Senate Passed; to JRA for EnrollingMinor
- Vote recorded Read third time in full –. Result: pass.Upper
- Mar 24Read third time in full – PASSED - 34-0-1AYES – Adams, Anthon, Bernt, Blaylock, Burtenshaw, Carlson, Cook, Den Hartog, Foreman, Galloway, Grow, Guthrie, Harris, Hart, Keyser, Kohl, Lakey, Lenney, Lent, Nichols, Okuniewicz, Rabe, Ricks, Ruchti, Semmelroth, Shippy, Taylor, Toews, VanOrden, Ward-Engelking, Wintrow, Woodward, Zito, ZuiderveldNAYS – NoneAbsent and excused – Bjerke(Bjerke)Floor Sponsor - LakeyTitle apvd - to HousePassed 2nd Chamber
- Mar 18Read second time; filed for Third ReadingMinor
- Mar 17Reported out of Committee with Do Pass Recommendation; Filed for second readingMinor
- Mar 13Introduced, read first time; referred to: State AffairsMinor
- Mar 13Received from the House passed; filed for first reading
- Mar 12Read Third Time in Full – PASSED - 67-0-3AYES – Alfieri, Barbieri, Beiswenger, Berch, Bingham, Boyle, Bruce, Burgoyne, Cannon, Cayler, Cheatum, Cornilles, Crane(12), Crane(13), Dygert, Egbert, Ehardt, Ehlers, Erickson(Larsen), Fuhriman, Furniss, Galaviz, Gannon, Garner, Green, Hall(Stone), Handy, Harris, Hawkins, Haws, Healey, Hill, Holtzclaw, Hostetler, Leavitt, Manwaring, Marmon, Mathias, McCann, Mendive, Mickelsen, Miller, Mitchell, Monks, Palmer, Petzke, Pickett, Pohanka, Price, Rasor, Raybould, Raymond, Redman, Rubel, Sauter, Scott, Shepherd, Shirts, Tanner(13), Tanner(14), Thompson, Vander Woude, Veile, Weber, Wheeler, Wisniewski, Mr. SpeakerNAYS – NoneAbsent – Church, Nelsen, SkaugFloor Sponsor - ScottTitle apvd - to SenatePassed 1st Chamber
- Vote recorded Read Third Time in Full –. Result: pass.Lower
- Mar 11Read second time; Filed for Third ReadingMinor
- Mar 10Reported out of Committee with Do Pass Recommendation, Filed for Second ReadingMinor
- Mar 2Reported Printed and Referred to State Affairs
- Feb 27Introduced, read first time, referred to JRA for PrintingIntroduced
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