Amends existing law to exclude grazing leases from certain hearing requirements and to provide that all state lands may be leased for a period of up to 40 years for grazing leases.

This legislation would extend grazing leases to a potential maximum length of 40 years for State endowment lands. Currently, grazing leases have a maximum length of 20 years. Extension of the lease length would create greater predictability for those obtaining a grazing lease because they would be able to plan how they handle and care for the lease over a longer term. Additionally, it would provide longer term consistency for the Idaho Department of Lands in creating constant revenue for the endowment fund from grazing leases.