Amends and repeals existing law to move up the sunset date of the Idaho Launch program and the In-Demand Careers Fund.
EDUCATION -- Amends and repeals existing law to move up the sunset date of the Idaho Launch program and the In-Demand Careers Fund.
STATEMENT OF PURPOSE
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This bill amends senate bill 1167 passed in 2023. It brings down the sunset of section 72-1204 and 72-1205 of Idaho code and will take effect on July, 1 2025. It repeals section 72-1206 of Idaho code and also amends section 63-3638 of Idaho code and will take effect on June, 30 2026. This removes In-Demand Careers Fund Language; the bill deletes any language related to the In-Demand Careers Fund from the sales tax distribution provisions, ensuring that tax revenue allocations are no longer tied to a fund that no longer exists.
FISCAL NOTE
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There will be no increase to the 2025 or 2026 fiscal years, and this legislation has no impact to state or local governments because it does not create or expand any programs and does not require the expenditure of any funds. There will be a reduction of up to 80 million in the 2027 budget.
LATEST ACTION
Reported Printed and Referred to Commerce & Human Resources
BILL INFO
- Session
- 2025
- Chamber
- house
- Status date
- Feb 18, 2025
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