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ID H0331
Bill
Status
3/27/2025
Primary Sponsor
Education Committee
Click for details
AI Summary
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Amends Idaho Code Section 33-5218 to change the limitation on bonds issued under the Public Charter School Facilities Program from a formula based on percentage of students attending charter schools to a new cap based on maximum aggregate annual debt service not exceeding the amount in the program fund
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Replaces the previous bond issuance limit that was calculated by multiplying the charter school enrollment percentage by two, then multiplying by the par amount of bonds guaranteed under the Idaho School Bond Guaranty Act
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Makes technical corrections throughout the statute, changing "must" to "shall" and "only be expended only" to "be expended only"
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Declared an emergency measure, effective July 1, 2025
Legislative Description
Amends existing law to revise provisions regarding the public charter school facilities program.
EDUCATION
Last Action
Reported Signed by Governor on March 27, 2025 Session Law Chapter 190 Effective: 07/01/2025
3/27/2025