This bill amends Section 33-911 of the Idaho Code to revise the provisions regarding the School District Facilities Fund. It establishes that the fund will consist of moneys from various sections of the Idaho Code and any legislative transfers or appropriations, with interest earned being returned to the fund. The bill outlines the distribution process of these funds, which will be allocated to school districts for the construction or renovation of school facilities based on average daily attendance. Additionally, it allows for exemptions to the physical facility requirement in cases of emergencies and specifies the order of priority for how the funds should be used, including payments for existing school bonds and maintenance needs.

The bill also introduces new provisions regarding the distribution of funds for the state fiscal years 2025 and 2026, ensuring that school districts that would have received support from the bond levy equalization support program will receive a minimum distribution from the School District Facilities Fund. Furthermore, it mandates that each school district report annually on the expenditure of these funds, and it clarifies that the Idaho School for the Deaf and the Blind will be treated as a school district for funding purposes. The act declares an emergency, making it effective on July 1, 2026.

Statutes affected:
Bill Text: 33-911