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IdahoH 07732026 regular legislative sessionHouse

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

2 provisions identified: 0 benefits, 0 costs, 2 mixed.

Cemetery owner duties are repealed

Beginning July 1, 2026, Idaho removes two laws that set duties for cemetery owners. Owners face fewer state‑set duties. Families and cemetery users lose those specific protections found in the repealed sections.

Corporate credit union ends, new reserve rules

Beginning July 1, 2026, Idaho repeals the laws that set up the Idaho Corporate Credit Union. Credit unions must keep a 4% cash liquidity reserve on outstanding shares and certificates. They must also keep an extra 10% reserve for accounts that allow withdrawals by check. Reserves must be in cash or deposits with Idaho‑based depositories approved by the director. Credit unions can no longer count certificates from the Idaho Corporate Credit Union toward these reserves.

Sponsors & Cosponsors

Sponsor

  • WAYS AND MEANS COMMITTEE

    Affiliation unavailable

Cosponsors

  • Jeff Ehlers

    Republican • House

  • Todd M. Lakey

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 101 • No: 0

Senate vote • 3/25/2026

Senate Floor Vote

Yes: 34 • No: 0

House vote • 3/12/2026

House Floor Vote

Yes: 67 • No: 0

Actions Timeline

  1. Reported Signed by Governor on March 31, 2026 Session Law Chapter 231 Effective: 07/01/2026

    4/1/2026

  2. Delivered to Governor at 12:01 p.m. on March 27, 2026

    3/27/2026

  3. Returned Signed by the President; Ordered Transmitted to Governor

    3/27/2026Senate

  4. Signed by President; returned to House

    3/26/2026Senate

  5. Received from the House enrolled/signed by Speaker

    3/26/2026Senate

  6. Reported Enrolled; Signed by Speaker; Transmitted to Senate

    3/26/2026House

  7. Returned from Senate Passed; to JRA for Enrolling

    3/25/2026House

  8. Read third time in full – PASSED - 34-0-1

    3/25/2026Senate

  9. Read second time; filed for Third Reading

    3/20/2026Senate

  10. Reported out of Committee with Do Pass Recommendation; Filed for second reading

    3/19/2026Senate

  11. Introduced, read first time; referred to: Commerce & Human Resources

    3/13/2026Senate

  12. Received from the House passed; filed for first reading

    3/13/2026Senate

  13. Read Third Time in Full – PASSED - 67-0-3

    3/12/2026House

  14. Read second time; Filed for Third Reading

    3/11/2026House

  15. Reported out of Committee with Do Pass Recommendation, Filed for Second Reading

    3/10/2026House

  16. Reported Printed and Referred to Business

    2/26/2026House

  17. Introduced, read first time, referred to JRA for Printing

    2/25/2026House

Bill Text

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