SENATE BILL 1450
RS31720 / S1450
This bill creates the 43 Education Act to reform the entity and address concerns identified by the legislature. The bill does five main things:
• 43 Education will become an independent body politic and corporate.
• The board of trustees provides legislative oversight by including two legislators, appointed by the Speaker of the House and Senate President Pro Tempore.
• The state is insulated from liability, and bondholders must be told up front that the state won’t offer its backing or credit.
• 43 Education must be self-sustaining and is prohibited from asking JFAC for funds.
• 43 Education must report annually to the legislature in writing and give presentations to JFAC and Senate and House Education Committees.
There is no negative impact to the General Fund. This bill creates a dedicated fund called the 43 Education Fund, where 43 Education will deposit funds. All money deposited into the fund will become part of the annual appropriations process for the benefit of all Idahoans.
Date | Description |
---|---|
03/25 | Introduced; read first time; referred to JR for Printing |
03/25 | Reported Printed; referred to State Affairs |
03/26 | Reported out of Committee with Do Pass Recommendation; Filed for second reading |
03/27 | Read second time; filed for Third Reading |
03/27 | Rules Suspended (2/3 Vote - Read in full as required) – FAILED - 14-19-2 AYES – Anthon, Bernt, Cook, Guthrie, Harris, Hartgen, Just, Lakey, Lee, Lent, Patterson(Ward-Engelking), Schroeder, Shea(Ruchti), Winder NAYS – Adams, Bjerke, Carlson, Den Hartog, Foreman, Grow, Hart, Herndon, Lenney, Nichols, Okuniewicz, Rabe, Ricks, Semmelroth, Taylor, Toews, Trakel, Wintrow, Zuiderveld Absent and excused – Burtenshaw, VanOrden Floor Sponsor - Winder Filed in Office of the Secretary of Senate |