ID S1065

Establishes state policy of "no net loss" of private property, requiring preservation of Idaho's remaining 30% of privately owned land while federal government controls 63% and other governments control 7%.

Requires state agencies to exhaust cost-effective alternatives including acquiring land from other governmental entities before purchasing private property, and to make good faith efforts to sell equal or greater amounts of property into private ownership before acquiring new parcels.

Mandates state agencies create a prioritized list of acquired parcels and sell those not necessary to their public purpose into private ownership.

Requires state agency permission from county commissioners when new land acquisition within a county would cause total state holdings to exceed 1% of that county's private land acreage, with commissioners considering effects on the county's tax base.

Exempts the Fish and Game Commission from selling equal amounts of land when receiving donations of 320 acres or less specifically required for mitigating impacts from federally licensed or operated hydroelectric facilities on fish or wildlife habitat.