IdahoH 07982026 regular legislative sessionHouseWALLET

STATE TREASURER – Repeals existing law to remove obsolete provisions relating to securities lending agreements.

Sponsored By: STATE AFFAIRS COMMITTEE

Signed by Governor

STATE TREASURER

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

Treasurer's securities lending ends 2026

Effective July 1, 2026, the law repeals Idaho Code 67-1210B. That section allowed the State Treasurer to run securities lending with state funds. The Treasurer and counterparties cannot use that authority after that date. This can reduce legal and operational risk but may also lower related investment income. The act creates no new programs, funding, taxes, or transition rules.

Sponsors & Cosponsors

Sponsor

  • STATE AFFAIRS COMMITTEE

    Affiliation unavailable

Cosponsors

  • Todd M. Lakey

    Republican • Senate

  • Heather Scott

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 101 • No: 0

Senate vote • 3/24/2026

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 26, 2026 Session Law Chapter 188 Effective: 07/01/2026

    3/30/2026
  2. Delivered to Governor at 12:58 p.m. on March 26, 2026

    3/26/2026
  3. Returned Signed by the President; Ordered Transmitted to Governor

    3/26/2026Senate
  4. Signed by President; returned to House

    3/25/2026Senate
  5. Received from the House enrolled/signed by Speaker

    3/25/2026Senate
  6. Reported Enrolled; Signed by Speaker; Transmitted to Senate

    3/25/2026House
  7. Returned from Senate Passed; to JRA for Enrolling

    3/24/2026House
  8. Read third time in full – PASSED - 34-0-1

    3/24/2026Senate
  9. Read second time; filed for Third Reading

    3/18/2026Senate
  10. Reported out of Committee with Do Pass Recommendation; Filed for second reading

    3/17/2026Senate
  11. Introduced, read first time; referred to: State Affairs

    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 State Affairs

    3/2/2026House
  17. Introduced, read first time, referred to JRA for Printing

    2/27/2026House

Bill Text

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