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ID H0543
Bill
Status
2/20/2026
Primary Sponsor
Commerce and Human Resources Committee
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AI Summary
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Amends Idaho Code Section 59-1308 to update terminology from "after-tax contributions" to "Roth contributions" for the Public Employee Retirement System's supplemental benefit plans
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Expands Internal Revenue Code compliance references for Roth contributions to include sections 401(a), 401(k), and 402A, rather than just section 401(k)
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Adds clarifying language that pre-tax contributions must comply with IRC requirements "as now in effect and as hereafter amended"
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Declared an emergency measure, taking effect July 1, 2026
Legislative Description
Amends existing law to revise provisions regarding qualified pre-tax contributions and investment earnings and certain qualified Roth contributions and investment earnings.
PERSI
Last Action
Signed by President; returned to House
3/16/2026