Amends existing law to remove obsolete provisions and to provide that federal grants received on or after July 1, 2026, shall be subject to certain requirements.
IDAHO HOUSING AND FINANCE ASSOCIATION -- Amends existing law to remove obsolete provisions and to provide that federal grants received on or after July 1, 2026, shall be subject to certain requirements.
STATEMENT OF PURPOSE
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This bill does a cleanup of Idaho Code 67-6203 and removes irrelevant language. It also amends Idaho code 67-6223 addressing the Idaho Code and Finance Association financial assistance borrowing power, it directs that any new Federal grants received by the association will be subject to the States budgeting process under Idaho Code 67-35.
FISCAL NOTE
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There will be no fiscal impact to state or local governments if this legislation passes because it does not create or expand any programs and does not require the expenditures of any funds.
LATEST ACTION
Reported Printed and Referred to Appropriations
BILL INFO
- Session
- 2025
- Chamber
- house
- Status date
- Feb 25, 2025
