IdahoIf House Bill 968 was enacted, Idaho splits interest money between initiatives and local highways
The law provides for Idaho's Controller to split a specified amount between state initiatives and local highways, if House Bill 968 was enacted.
What it does
If House Bill 968 was enacted, the Controller transfers the greater of half the specified interest earnings or $32,877,300, with 60% going to state initiatives and 40% to local highways.
Argument forIf the transfer occurs, the 40% share for local highways could give local road programs money for their work.
Argument againstIf the transfer occurs, directing 40% to highways could leave less of the money for state initiatives.
More detail
The State Controller transfers the specified amount and divides it between two funds. The funds are the Strategic Initiatives Program Fund and the Local Highway Distribution Fund. This section applies only if House Bill 968 was enacted. The amount must be confirmed by the Legislative Services Office Budget and Policy Analysis Division. The transfer covers July 1, 2025, through June 30, 2026, and must happen as soon as practicable.
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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
- Apr 2Reported Signed by Governor Brad Little on April 10, 2026 Session Law Chapter 326 Effective: 04/10/2026Became Law
- Vote recorded Rules Suspended (2/3 Vote Read in full as required) – Read third time in full –. Result: pass.Upper
- Vote recorded Rules Suspended: Ayes 59 Nays 6 Abs/Excd 5, read in full as required –. Result: pass.Lower
- Apr 2Delivered to Governor at 5:44 p.m. on April 2, 2026To Governor
- Apr 2Returned Signed by the President; Ordered Transmitted to GovernorMinor
- Apr 2Signed by President; returned to HouseMajor
- Apr 2Received from the House enrolled/signed by SpeakerMajor
- Apr 2Reported Enrolled; Signed by Speaker; Transmitted to SenateMajor
- Apr 2Returned from Senate Passed; to JRA for EnrollingMinor
- Apr 2Rules Suspended (2/3 Vote - Read in full as required) – Read third time in full – PASSED - 32-0-3AYES – Adams, Anthon, Bernt, Bjerke(Bjerke), Blaylock, Burtenshaw, Carlson, Cook, Den Hartog, Galloway, Grow, Guthrie, Harris, Hart, Keyser, Kohl, Lenney, Lent, Nichols, Okuniewicz, Rabe, Ricks, Semmelroth, Shippy, Taylor, Toews, VanOrden, Ward-Engelking, Wintrow, Woodward, Zito, ZuiderveldNAYS – NoneAbsent and excused – Foreman, Lakey, RuchtiFloor Sponsor - CookTitle apvd - to HousePassed 2nd Chamber
- Apr 2Reported out of Committee with Do Pass Recommendation; Filed for second readingMinor
- Apr 2Introduced, read first time; referred to: FinanceMinor
- Apr 2Received from the House passed; filed for first reading
- Apr 2Rules Suspended: Ayes 59 Nays 6 Abs/Excd 5, read in full as required – PASSED - 65-0-5AYES – Alfieri, Barbieri, Berch, Bingham, Boyle, Bruce, Burgoyne, Cannon(Cannon), Cayler, Cheatum, Church, Cornilles, Crane(12), Crane(13), Dygert, Egbert(Beazer), Ehardt, Ehlers, Erickson, Fuhriman, Furniss, Galaviz, Gannon, Garner, Green, Hall(Stone), Handy, Harris, Hawkins, Haws, Healey, Hill(Hill), Holtzclaw, Hostetler, Leavitt, Mathias, McCann, Mendive, Mickelsen, Miller, Mitchell, Monks, Nelsen, Palmer, Petzke, Pickett, Pohanka, Price, Rasor, Raybould, Raymond, Redman, Rubel, Sauter, Scott, Shepherd, Shirts(Batt), Skaug, Tanner(13), Tanner(14), Thompson, Vander Woude, Veile, Wisniewski, Mr. SpeakerNAYS – NoneAbsent – Beiswenger, Manwaring, Marmon, Weber, WheelerFloor Sponsor - GreenTitle apvd - to SenatePassed 1st Chamber
- Apr 2Read second time; Filed for Third ReadingMinor
- Apr 1Reported Printed; Filed for Second Reading
- Apr 1Introduced, read first time, referred to JRA for PrintingIntroduced
- Apr 2Reported Signed by Governor Brad Little on April 10, 2026 Session Law Chapter 326 Effective: 04/10/2026Became Law
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