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ID S1020
Bill
Status
3/24/2025
Primary Sponsor
Resources and Environment Committee
Click for details
AI Summary
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Amends Idaho Code Section 57-1306 to include federal moneys collected under the Federal Power Act (16 U.S.C. 803(e)(1)) for use of federal lands in the distribution formula for impact funds
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10% of federal oil, gas, mineral, and renewable energy revenues go to county general funds where resources were extracted, restricted to public road construction/maintenance or public school support
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90% of federal oil, gas, and mineral revenues are deposited into the public school income fund
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90% of renewable energy revenues and Federal Power Act collections are deposited into the renewable energy resources fund, which may be used by the Office of Energy and Mineral Resources
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"Renewable energy resources" defined as geothermal, wind, and solar resources only; bill declared an emergency with effective date of July 1, 2025
Legislative Description
Amends existing law to provide for the deposit of moneys collected from the federal government pursuant to the Federal Power Act.
ENERGY AND MINERALS
Last Action
Session Law Chapter 161 Effective: 07/01/2025
3/24/2025