H 975

                    LEGISLATURE OF THE STATE OF IDAHO
 Sixty-eighth Legislature  Second Regular Session - 2026
                       IN THE HOUSE OF REPRESENTATIVES
                              HOUSE BILL NO. 975
                         BY APPROPRIATIONS COMMITTEE
1AN ACT
2  RELATING TO APPROPRIATIONS; LIMITING CASH TRANSFERS FROM THE BUDGET STABI-
3      LIZATION FUND FOR FISCAL YEARS 2026 AND 2027; AND DECLARING AN EMERGENCY
4      AND PROVIDING AN EFFECTIVE DATE.
5  Be It Enacted by the Legislature of the State of Idaho:
6SECTION 1. CASH TRANSFERS FROM THE BUDGET STABILIZATION FUND IN FIS-
7  CAL YEARS 2026 AND 2027. Notwithstanding the provisions of Section 57-814,
8  Idaho Code, which limits the allowable balance in the Budget Stabilization
9  Fund to 15% of total General Fund receipts for the fiscal year just ending and
10 requires the Office of the State Controller to transfer excess moneys in the
11 Budget Stabilization Fund back to the General Fund, and notwithstanding any
12 other provision of law to the contrary, the Office of the State Controller
13 shall not transfer funds from the Budget Stabilization Fund to the General
14 Fund for the period June 1, 2026, through June 30, 2027.
15     SECTION 2. An emergency existing therefor, which emergency is hereby
16 declared to exist, this act shall be in full force and effect on and after
17 June 1, 2026.