Bill > H0975

This bill, relating to appropriations and transfers of money in the state treasury for fiscal year 2027, specifically addresses the **Budget Stabilization Fund**, which is a state savings account designed to help manage economic fluctuations. The key provision of this bill is to **limit cash transfers from this fund to the General Fund** for the fiscal years 2026 and 2027. Normally, state law (specifically Section 57-814, Idaho Code) requires that if the Budget Stabilization Fund exceeds 15% of the previous year's General Fund receipts, the excess money must be transferred back to the General Fund. However, this bill overrides that requirement, preventing the Office of the State Controller from making such transfers during the period of June 1, 2026, through June 30, 2027. The bill also declares an emergency, meaning it will take effect immediately on June 1, 2026.

Budget and Finance

Appropriations Committee (House)

https://legislature.idaho.gov/sessioninfo/2026/legislation/H0975/