STATEMENT OF PURPOSE
RS31708 / S1441
This legislation is a trailer bill to H 521. It would delay the issuance of bonds and annualized or lump sum
distribution. It would also delay eligibility for fund distributions and the use of the School Modernization
Facilities Fund.
FISCAL NOTE
This legislation causes no additional expenditure of funds at the state or local level of government nor does it
cause an increase or decrease in revenue for state or local government, therefore the legislation has no fiscal
impact.
Contact:
Senator Abby Lee
(208) 332-1307
Senator Dave Lent
(208) 332-1313
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: 03/21/2024, 9:21 AM