Bill > H0968

This bill appropriates and transfers moneys between various state funds for fiscal years 2026 and 2027. * For Fiscal Year 2026, $5,803,500 will be transferred from the Permanent Building Fund to the Legislative Account. Additionally, the President Pro Tempore of the Senate and the Speaker of the House of Representatives will direct the State Controller to limit the General Fund transfer to the Legislative Account to $8,170,600. * Also for Fiscal Year 2026, $13,000,000 will be transferred from the Idaho Broadband Fund to the General Fund. * The remaining balances from the School District Building Account (excluding the Public Schools Facilities Cooperative Fund subaccount) will be transferred to the General Fund for Fiscal Year 2026. * If General Fund revenues for Fiscal Year 2026 do not meet a target of $5,510,100,000 and the General Fund cash balance is insufficient, the State Board of Examiners may authorize a transfer from the Twenty-seventh Payroll Fund to the General Fund to balance the budget. * For Fiscal Year 2026, 50% of the interest earnings generated in fiscal years 2024, 2025, and 2026 from the American Rescue Plan Act State and Local Fiscal Recovery Fund, or $32,877,300 (whichever is greater), will be transferred to the Strategic Initiatives Fund. * Similarly, for Fiscal Year 2026, 50% of the interest earnings generated in fiscal years 2024, 2025, and 2026 from the American Rescue Plan Act State and Local Fiscal Recovery Fund, or $32,877,200 (whichever is greater), will be transferred to the Fire Suppression Deficiency Warrant Fund. * For Fiscal Year 2027, the President Pro Tempore of the Senate and the Speaker of the House of Representatives will direct the State Controller to limit the General Fund transfer to the Legislative Account to $8,085,500. * For Fiscal Year 2027, interest earnings from the Budget Stabilization Fund will be transferred to the General Fund, provided the General Fund ending cash balance is at least $150,000,000. * For Fiscal Year 2027, interest earnings from the Public Education Stabilization Fund will be transferred to the General Fund, provided the General Fund ending cash balance is at least $150,000,000. * For Fiscal Year 2027, interest earnings from the Water Pollution Control Fund will be transferred to the General Fund, provided the General Fund ending cash balance is at least $150,000,000. * For Fiscal Year 2027, interest earnings from the Permanent Building Fund will be transferred to the General Fund, provided the General Fund ending cash balance is at least $150,000,000. * For Fiscal Year 2027, interest earnings from the Strategic Initiatives Program (Dedicated) Fund will be transferred to the General Fund, provided the General Fund ending cash balance is at least $150,000,000. * For Fiscal Year 2027, interest earnings from the Strategic Initiatives Program (Local) Fund will be transferred to the General Fund, provided the General Fund ending cash balance is at least $150,000,000. * For Fiscal Year 2027, the remaining balance in the Strategic Initiatives Grant Program Fund, which will be no less than $4,150,200, will be transferred to the General Fund, provided the General Fund ending cash balance is at least $150,000,000.

Budget and Finance

Appropriations Committee (House)

https://legislature.idaho.gov/sessioninfo/2026/legislation/H0968/