Bill
Bill > H0619
ID H0619
ID H0619Amends and adds to existing law to provide for the Idaho Wildfire Risk Mitigation Fund Act.
summary
Introduced
02/10/2026
02/10/2026
In Committee
02/11/2026
02/11/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
RELATING TO WILDFIRE RISK MITIGATION; AMENDING THE HEADING FOR CHAPTER 24, TITLE 41, IDAHO CODE; AMENDING CHAPTER 24, TITLE 41, IDAHO CODE, BY THE ADDITION OF A NEW SECTION 41-2402, IDAHO CODE, TO PROVIDE LEGISLATIVE INTENT AND TO PROVIDE A SHORT TITLE; AMENDING CHAPTER 24, TITLE 41, IDAHO CODE, BY THE ADDITION OF A NEW SECTION 41-2403, IDAHO CODE, TO DE- FINE TERMS; AMENDING CHAPTER 24, TITLE 41, IDAHO CODE, BY THE ADDITION OF A NEW SECTION 41-2404, IDAHO CODE, TO ESTABLISH THE IDAHO WILDFIRE RISK MITIGATION FUND; AMENDING CHAPTER 24, TITLE 41, IDAHO CODE, BY THE ADDITION OF A NEW SECTION 41-2405, IDAHO CODE, TO PROVIDE FOR THE POWERS AND AUTHORITY OF THE DIRECTOR OF THE DEPARTMENT OF INSURANCE; AMENDING SECTION 41-406, IDAHO CODE, TO REVISE PROVISIONS REGARDING THE DEPOSIT AND REPORT OF FEES, LICENSES, AND TAXES; AND DECLARING AN EMERGENCY.
AI Summary
This bill establishes the "Idaho Wildfire Risk Mitigation Fund Act" to address wildfire risks and potentially lower property insurance costs by promoting self-reliance and increasing competition among insurers. It creates a dedicated fund, the Idaho Wildfire Risk Mitigation Fund, which will receive money from various sources including excess premium taxes, fees, licenses, private contributions, and grants, and will be used for distributing grants (up to $20,000 per grant) and funding educational efforts related to wildfire risk mitigation. The Director of the Idaho Department of Insurance will oversee the fund, with the authority to create rules, establish procedures, select an administrator, and provide grants and funding for property protection and fire prevention education. The bill also amends existing law to redirect a portion of excess premium tax revenue, specifically one-fourth of the premium tax exceeding $125 million, to this new wildfire mitigation fund, and declares an emergency to allow the act to take effect immediately upon passage.
Committee Categories
Business and Industry
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Business Committee (House)
Last Action
Reported Printed and Referred to Business (on 02/11/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://legislature.idaho.gov/sessioninfo/2026/legislation/H0619/ |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2026/legislation/H0619.pdf |
| Fiscal Note/Analysis - Statement of Purpose / Fiscal Note | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2026/legislation/H0619SOP.pdf |
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