Bill > S1156

This bill amends Idaho's existing law regarding the School Modernization Facilities Fund by establishing a fixed distribution of funds to school districts for facility improvements. The distribution will be calculated in state fiscal year 2025 for each school district in operation as of July 1, 2024, using two key factors: a per-pupil amount based on average daily attendance at physical school facilities, and a calculation of potential bond issuance generation. Each school district is guaranteed at least $25,000 over a ten-year period, with a maximum award of $40 million for districts with active maintenance and operation levies. The bill introduces a new provision that sets a total distribution limit of $1 billion, with any additional funds to be allocated to school districts with the greatest need, with a specific preference for rural school districts. The funding mechanism is designed to help schools modernize and improve their facilities, with a sunset provision that makes the law null and void after June 30, 2034. The bill also declares an emergency, meaning it will take effect immediately upon passage and approval.

Education, Justice

State Affairs Committee (S)

https://legislature.idaho.gov/sessioninfo/2025/legislation/S1156/