Bill
Bill > S1380
ID S1380
ID S1380Relates to the appropriation to the Endowment Fund Investment Board for fiscal year 2027.
summary
Introduced
03/10/2026
03/10/2026
In Committee
03/12/2026
03/12/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
RELATING TO THE APPROPRIATION TO THE ENDOWMENT FUND INVESTMENT BOARD; APPRO- PRIATING ADDITIONAL MONEYS TO THE ENDOWMENT FUND INVESTMENT BOARD FOR FISCAL YEAR 2027; AND DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE.
AI Summary
This bill appropriates an additional $3,700 to the Endowment Fund Investment Board for fiscal year 2027, which runs from July 1, 2026, to June 30, 2027, specifically for capital outlay expenses, meaning spending on long-term assets like buildings or equipment. This funding will come from the Endowment Earnings Administrative Fund, which is a fund used to manage earnings from endowments, and the bill declares an emergency, making it effective immediately on July 1, 2026, to ensure the funds are available for the intended period.
Committee Categories
Budget and Finance, Justice
Sponsors (2)
Other Sponsors (1)
Finance Committee (Senate)
Last Action
Third Reading Calendar (10:00:00 3/16/2026 Senate Floor) (on 03/16/2026)
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/S1380/ |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2026/legislation/S1380.pdf |
| Fiscal Note/Analysis - Statement of Purpose / Fiscal Note | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2026/legislation/S1380SOP.pdf |
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