Adds to existing law to require certain governmental entities in Idaho to divest from investments in foreign adversaries.
FOREIGN ADVERSARIES -- Adds to existing law to require certain governmental entities in Idaho to divest from investments in foreign adversaries.
STATEMENT OF PURPOSE
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This intent of this legislation will require the divestment of any State of Idaho’s public investment or pension dollars that would be put at risk in countries that are identified as foreign adversaries. The intent is to prevent these dollars from investing in the development of military technologies and surveillance tools of foreign adversaries that impede the furthering of the State of Idaho’s interests and the interests of the United States of America.
FISCAL NOTE
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This legislation causes no increase or decrease in revenue, or additional expenditure of funds at the state or local level of government; therefore this legislation has no fiscal impact.
LATEST ACTION
Reported Printed and Referred to State Affairs
BILL INFO
- Session
- 2025
- Chamber
- house
- Status date
- Feb 21, 2025
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