STATEMENT OF PURPOSE
RS31315C2 / S1342
This legislation would extend grazing leases to a potential maximum length of 40 years for State endowment
lands. Currently, grazing leases have a maximum length of 20 years. Extension of the lease length would create
greater predictability for those obtaining a grazing lease because they would be able to plan how they handle
and care for the lease over a longer term. Additionally, it would provide longer term consistency for the Idaho
Department of Lands in creating constant revenue for the endowment fund from grazing leases.
FISCAL NOTE
This legislation does not have an anticipated fiscal impact on the General Fund because it does not expand the
existing program. There may be a small savings in administrative costs as it is anticipated that leases would
not have to be renewed as often.
Contact:
Senator Mark Harris
(208) 332-1341
DISCLAIMER: This statement of purpose and fiscal note are a mere attachment to this bill and prepared by a proponent
of the bill. It is neither intended as an expression of legislative intent nor intended for any use outside of the legislative
process, including judicial review (Joint Rule 18).
Statement of Purpose / Fiscal Note Bill SOP/FN INTRODUCED: 02/12/2024, 3:06 PM

Statutes affected:
Bill Text: 58-307