STATEMENT OF PURPOSE
RS31707 / S1440
This legislation is a trailer bill to H 521. It amends the Fixed Distribution section of the School Modernization
Facilities Fund in Idaho Code 33-915. It would raise the minimum distribution to $100,000 and cap the
maximum distribution at $100M.
FISCAL NOTE
The School Modernization Facilities Fund requires $125M. This legislation changes the distributions to school
districts that qualify for these funds, but does not require any additional allocation 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, 9:07 AM