ID H0582

Creates Idaho Multiple Use Sustained Yield Act as Chapter 15, Title 58, Idaho Code, establishing a framework for managing federally-transferred lands based on the equal footing doctrine requiring states receive equal rights as original thirteen states.

Applies to all lands received by Idaho from the federal government by grant, purchase, law, court decree, or other method on or after July 1, 2016, excluding state endowment lands, to be administered exclusively by the state of Idaho.

Requires state management of acquired lands for multiple use and sustained yield regarding timber production, livestock range, mineral exploration and development, watershed, fish and wildlife, and outdoor recreation while respecting existing bona fide property rights.

Defines "multiple use" as managing renewable surface resources to meet resident needs through efficient and economically beneficial use with flexibility for periodic adjustments, without requiring all uses on every acre or highest dollar returns.

Defines "sustained yield" as managing surface, subsurface, renewable, and nonrenewable resources to maintain perpetually a high-level annual or regular periodic output without permanent impairment of land productivity.