HOUSE BILL 529
RS31016C1 / H0529
The Public Charter School Revolving Loan Fund was established July 1, 2023, after S1043 became law. The purpose of the law is to provide new public charter schools with a zero percent interest loan of up to $2.5 million to assist the schools with facility acquisition, construction or renovation. The Idaho Housing and Finance Association (IHFA) administers the loan. Upon implementation, it was discovered that a technical correction needed to be made to the statute. The State Treasurer needs to direct that funds from the public charter school revolving loan fund be withdrawn and distributed to the school upon certification by IHFA that school meets the loan requirements. This proposed legislation includes that correction. This amendment is needed because IHFA does not have authority to withdraw and distribute funds from the public charter school revolving loan fund.
There is no fiscal impact to the state because this legislation only provides a necessary administrative step for implementing the already established public charter school revolving loan fund.
| Date | Description |
|---|---|
| 02/09 | Introduced, read first time, referred to JRA for Printing |
| 02/12 | Reported Printed and Referred to Education |
| 02/14 | Reported out of Committee with Do Pass Recommendation, Filed for Second Reading |
| 02/15 | Read second time; Filed for Third Reading |
| 02/16 | U.C. to hold place on third reading calendar until Monday, February 19, 2024 |
| 02/19 | Read Third Time in Full – PASSED - 70-0-0 AYES – Achilles, Alfieri, Allgood, Andrus, Barbieri, Berch, Blanksma, Boyle, Bundy, Burns, Cannon, Cheatum, Chew(Wilson), Clow, Cornilles, Crane(12), Crane(13), Dixon(1), Dixon(24), Durrant, Ehardt, Ehlers, Erickson, Furniss, Galaviz, Gallagher, Gannon, Garner, Green, Handy, Hawkins, Healey, Hill, Holtzclaw, Horman, Kingsley, Lambert, Lanting, Manwaring, Mathias, McCann, Mendive, Mickelsen, Miller, Mitchell, Monks, Necochea, Nelsen, Palmer, Petzke, Pickett, Price, Raybould, Raymond, Redman, Roberts, Rubel, Sauter, Scott, Shepherd, Skaug, Tanner, Vander Woude, Weber, Wheeler, Wisniewski, Wroten, Yamamoto, Young, Mr. Speaker NAYS – None Absent – None Floor Sponsor - Horman Title apvd - to Senate |
| 02/20 | Received from the House passed; filed for first reading |
| 02/20 | Introduced, read first time; referred to: Education |
| 02/29 | Reported out of Committee with Do Pass Recommendation; Filed for second reading |
| 03/01 | Read second time; filed for Third Reading |
| 03/12 | Read third time in full – PASSED - 35-0-0 AYES – Adams, Anthon, Bernt, Bjerke, Burtenshaw, Carlson, Cook, Den Hartog, Foreman, Grow, Guthrie, Harris, Hart, Hartgen, Herndon, Just, Lakey, Lee, Lenney, Lent, Nichols, Okuniewicz, Rabe, Ricks, Ruchti, Schroeder, Semmelroth, Taylor, Toews(Toews), Trakel, VanOrden, Ward-Engelking, Winder, Wintrow, Zuiderveld NAYS – None Absent and excused – None Floor Sponsor - Den Hartog Title apvd - to House |
| 03/13 | Returned from Senate Passed; to JRA for Enrolling |
| 03/13 | Reported Enrolled; Signed by Speaker; Transmitted to Senate |
| 03/14 | Received from the House enrolled/signed by Speaker |
| 03/14 | Signed by President; returned to House |
| 03/14 | Returned Signed by the President; Ordered Transmitted to Governor |
| 03/15 | Delivered to Governor at 2:30 p.m. on March 14, 2024 |
| 03/19 | Reported Signed by Governor on March 18, 2024 Session Law Chapter 43 Effective: 03/18/2024 |