ID S1278

Expands powers of the State Board of Education under Idaho Code Section 33-107 to allow colleges and universities under its control to enhance technology transfer to the market by Idaho-based companies and establish related foundations

Expands powers of the Board of Regents of the University of Idaho under Idaho Code Section 33-2804 to authorize the University of Idaho to enhance technology transfer to the market by Idaho-based companies and establish foundations for this purpose

Makes technical corrections to Idaho Code Sections 33-107 and 33-2804, including correcting punctuation and updating terminology such as changing "regulations" to "rules"

Declares an emergency, making the act effective upon passage and approval