All Roll Calls
Yes: 101 • No: 0
IdahoH 07732026 regular legislative sessionHouseWALLET
DEPARTMENT OF FINANCE – Amends and repeals existing law to remove obsolete provisions.
Sponsored By: WAYS AND MEANS COMMITTEE
Signed by Governor
DEPARTMENT OF FINANCE
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Bill Overview
Analyzed Economic Effects
3 provisions identified: 1 benefits, 0 costs, 2 mixed.
Stronger cash reserves at credit unions
Beginning July 1, 2026, every Idaho credit union keeps a base cash reserve equal to 4% of outstanding shares, CDs, and similar debt. They also keep an extra 10% reserve for accounts members can access by check or draft. Reserves are held as cash or deposits you can write a check against at approved Idaho banks or corporate credit unions. Credit unions compute these amounts monthly using average daily deposits and average daily cash on hand. Certificates of deposit from the Idaho corporate credit union can count. Reserves that federal law already requires also count toward these totals.
Old cemetery rules removed from law
Beginning July 1, 2026, Idaho removes two cemetery code sections. These repeals end prior rules on cemetery owners’ duties and how cemetery law applies. The law does not add new duties or funding in their place.
Idaho corporate credit union law repealed
Beginning July 1, 2026, Idaho repeals the state framework that created and governed the corporate credit union for Idaho credit unions. The repeal removes rules on organization, powers, membership, loans, deposits, reserves, dividends, and taxes tied to that corporate credit union. Day‑to‑day credit union services for members are not specified by this change.
Sponsors & Cosponsors
Sponsor
WAYS AND MEANS COMMITTEE
Affiliation unavailable
Cosponsors
Jeff Ehlers
Republican • House
Todd M. Lakey
Republican • Senate
Roll Call Votes
House vote • 3/25/2026
House Floor Vote
Yes: 34 • No: 0
House vote • 3/12/2026
House Floor Vote
Yes: 67 • No: 0
Actions Timeline
Reported Signed by Governor on March 31, 2026 Session Law Chapter 231 Effective: 07/01/2026
4/1/2026Returned Signed by the President; Ordered Transmitted to Governor
3/27/2026HouseReported Enrolled; Signed by Speaker; Transmitted to Senate
3/26/2026HouseRead third time in full – PASSED - 34-0-1
3/25/2026HouseRead second time; filed for Third Reading
3/20/2026HouseReported out of Committee with Do Pass Recommendation; Filed for second reading
3/19/2026HouseReceived from the House passed; filed for first reading
3/13/2026SenateRead Third Time in Full – PASSED - 67-0-3
3/12/2026HouseRead second time; Filed for Third Reading
3/11/2026HouseReported out of Committee with Do Pass Recommendation, Filed for Second Reading
3/10/2026HouseReported Printed and Referred to Business
2/26/2026HouseIntroduced, read first time, referred to JRA for Printing
2/25/2026House
Bill Text
Bill Text
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