H0773 • 2026

DEPARTMENT OF FINANCE – Amends and repeals existing law to remove obsolete provisions.

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor: WAYS AND MEANS COMMITTEE
Last action: 2026-04-01
Official status: LAW
Effective date: 2026-07-01

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

DEPARTMENT OF FINANCE – Amends and repeals existing law to remove obsolete provisions.

What This Bill Does

DEPARTMENT OF FINANCE – Amends and repeals existing law to remove obsolete provisions.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-04-01 Idaho State Legislature
Reported Signed by Governor on March 31, 2026 Session Law Chapter 231 Effective: 07/01/2026
2026-03-27 Idaho State Legislature
Returned Signed by the President; Ordered Transmitted to Governor
2026-03-27 Idaho State Legislature
Delivered to Governor at 12:01 p.m. on March 27, 2026
2026-03-26 Idaho State Legislature
Reported Enrolled; Signed by Speaker; Transmitted to Senate
2026-03-26 Idaho State Legislature
Received from the House enrolled/signed by Speaker
2026-03-26 Idaho State Legislature
Signed by President; returned to House
2026-03-25 Idaho State Legislature
Read third time in full – PASSED - 34-0-1 AYES – Anthon, Bernt, Bjerke(Bjerke), Blaylock, Burtenshaw, Carlson, Cook, Den Hartog, Foreman, Galloway, Grow, Guthrie, Harris, Hart, Keyser, Kohl, Lakey, Lenney, Lent, Nichols, Okuniewicz, Rabe, Ricks, Ruchti, Semmelroth, Shippy, Taylor, Toews, VanOrden, Ward-Engelking, Wintrow, Woodward, Zito, Zuiderveld NAYS – None Absent and excused – Adams Floor Sponsor - Lakey Title apvd - to House
2026-03-25 Idaho State Legislature
Returned from Senate Passed; to JRA for Enrolling
2026-03-20 Idaho State Legislature
Read second time; filed for Third Reading
2026-03-19 Idaho State Legislature
Reported out of Committee with Do Pass Recommendation; Filed for second reading
2026-03-13 Idaho State Legislature
Received from the House passed; filed for first reading
2026-03-13 Idaho State Legislature
Introduced, read first time; referred to: Commerce & Human Resources
2026-03-12 Idaho State Legislature
Read Third Time in Full – PASSED - 67-0-3 AYES – Alfieri, Barbieri, Beiswenger, Berch, Bingham, Boyle, Bruce, Burgoyne, Cannon, Cayler, Cheatum, Cornilles, Crane(13), Dygert, Egbert, Ehardt, Ehlers, Erickson(Larsen), Fuhriman, Furniss, Galaviz, Gannon, Garner, Green, Hall(Stone), Handy, Harris, Hawkins, Haws, Healey, Hill, Holtzclaw, Hostetler, Leavitt, Manwaring, Marmon, Mathias, McCann, Mendive, Mickelsen, Miller, Mitchell, Monks, Nelsen, Palmer, Petzke, Pickett, Pohanka, Price, Rasor, Raybould, Raymond, Redman, Rubel, Sauter, Scott, Shepherd, Shirts, Tanner(13), Tanner(14), Thompson, Vander Woude, Veile, Weber, Wheeler, Wisniewski, Mr. Speaker NAYS – None Absent – Church, Crane(12), Skaug Floor Sponsor - Ehlers Title apvd - to Senate
2026-03-11 Idaho State Legislature
Read second time; Filed for Third Reading
2026-03-10 Idaho State Legislature
Reported out of Committee with Do Pass Recommendation, Filed for Second Reading
2026-02-26 Idaho State Legislature
Reported Printed and Referred to Business
2026-02-25 Idaho State Legislature
Introduced, read first time, referred to JRA for Printing

Official Summary Text

DEPARTMENT OF FINANCE – Amends and repeals existing law to remove obsolete provisions.

Current Bill Text

Read the full stored bill text

LEGISLATURE
OF
THE
STATE
OF
IDAHO
Sixty-eighth
Legislature
Second
Regular
Session
-
2026
IN
THE
HOUSE
OF
REPRESENTATIVES
HOUSE
BILL
NO.
773
BY
WAYS
AND
MEANS
COMMITTEE
AN
ACT
1
RELATING
TO
THE
DEPARTMENT
OF
FINANCE;
PROVIDING
LEGISLATIVE
INTENT;
AMEND
-
2
ING
SECTION
26
-
2128,
IDAHO
CODE,
TO
REMOVE
AN
OBSOLETE
PROVISION;
RE
-
3
PEALING
SECTION
26
-
2170,
IDAHO
CODE,
RELATING
TO
DEFINITIONS,
PURPOSE,
4
AND
RESTRICTIONS
OF
THE
IDAHO
CORPORATE
CREDIT
UNION;
REPEALING
SECTION
5
26
-
2171,
IDAHO
CODE,
RELATING
TO
ORGANIZATION
OF
THE
IDAHO
CORPORATE
6
CREDIT
UNION;
REPEALING
SECTION
26
-
2172,
IDAHO
CODE,
RELATING
TO
AMEND
-
7
MENTS
OF
THE
IDAHO
CORPORATE
CREDIT
UNION;
REPEALING
SECTION
26
-
2173,
8
IDAHO
CODE,
RELATING
TO
CORPORATE
POWERS
OF
THE
IDAHO
CORPORATE
CREDIT
9
UNION;
REPEALING
SECTION
26
-
2174,
IDAHO
CODE,
RELATING
TO
MEMBERSHIP
10
IN
THE
IDAHO
CORPORATE
CREDIT
UNION;
REPEALING
SECTION
26
-
2175,
IDAHO
1
1
CODE,
RELATING
TO
EXPULSION
AND
WITHDRAWAL
FROM
THE
FIELD
OF
MEMBERSHIP
12
OF
THE
IDAHO
CORPORATE
CREDIT
UNION;
REPEALING
SECTION
26
-
2176,
IDAHO
13
CODE,
RELATING
TO
MEETINGS
AND
ELECTIONS
OF
THE
IDAHO
CORPORATE
CREDIT
14
UNION;
REPEALING
SECTION
26
-
2177,
IDAHO
CODE,
RELATING
TO
THE
BOARD
15
OF
DIRECTORS
OF
THE
IDAHO
CORPORATE
CREDIT
UNION;
REPEALING
SECTION
16
26
-
2178,
IDAHO
CODE,
RELATING
TO
OFFICERS
OF
THE
IDAHO
CORPORATE
CREDIT
17
UNION;
REPEALING
SECTION
26
-
2179,
IDAHO
CODE,
RELATING
TO
THE
BOARD
18
OF
DIRECTORS
OF
THE
IDAHO
CORPORATE
CREDIT
UNION;
REPEALING
SECTION
19
26
-
2180,
IDAHO
CODE,
RELATING
TO
LOANS
TO
MEMBER
CREDIT
UNIONS
BY
THE
20
IDAHO
CORPORATE
CREDIT
UNION;
REPEALING
SECTION
26
-
2181,
IDAHO
CODE,
21
RELATING
TO
COMPENSATION
FOR
CORPORATE
OFFICERS;
REPEALING
SECTION
22
26
-
2182,
IDAHO
CODE,
RELATING
TO
SHARES
AND
DEPOSITS;
REPEALING
SECTION
23
26
-
2183,
IDAHO
CODE,
RELATING
TO
RESERVE
ALLOCATIONS
OF
THE
IDAHO
COR
-
24
PORATE
CREDIT
UNION;
REPEALING
SECTION
26
-
2184,
IDAHO
CODE,
RELATING
25
TO
DIVIDENDS
OF
THE
IDAHO
CORPORATE
CREDIT
UNION;
REPEALING
SECTION
26
26
-
2185,
IDAHO
CODE,
RELATING
TO
APPLICABLE
PROVISIONS
OF
THE
IDAHO
27
CREDIT
UNION
ACT;
REPEALING
SECTION
26
-
2186,
IDAHO
CODE,
RELATING
TO
28
TAXATION
OF
THE
IDAHO
CORPORATE
CREDIT
UNION;
REPEALING
SECTION
27
-
406,
29
IDAHO
CODE,
RELATING
TO
THE
DUTY
OF
AN
OWNER
OF
A
CEMETERY;
REPEALING
30
SECTION
27
-
409,
IDAHO
CODE,
RELATING
TO
CEMETERIES
AND
APPLICATION
OF
31
LAW;
AND
DECLARING
AN
EMERGENCY
AND
PROVIDING
AN
EFFECTIVE
DATE.
32
Be
It
Enacted
by
the
Legislature
of
the
State
of
Idaho:
33
SECTION
1.
IDAHO
CODE
CLEANUP
-
-
LEGISLATIVE
INTENT.
It
is
the
intent
34
of
the
Legislature
to
ensure
that
the
state
laws
provided
in
Idaho
Code
are
35
streamlined,
up
-
to
-
date,
and
essential
for
the
citizens
of
Idaho,
while
best
36
serving
the
public
health,
safety,
and
welfare.
In
accordance
with
the
Idaho
37
Code
Cleanup
Act,
following
comprehensive
review,
the
Legislature
has
iden
-
38
tified
the
provisions
of
this
act
as
obsolete,
outdated,
or
unnecessary.
39
SECTION
2.
That
Section
26
-
2128,
Idaho
Code,
be,
and
the
same
is
hereby
40
amended
to
read
as
follows:
41

2
26
-
2128.
LIQUIDITY
REQUIREMENTS.
(a)
Every
credit
union
shall
have
1
on
hand
as
a
liquidity
reserve
an
amount
equal
to
four
percent
(4%)
of
its
2
outstanding
shares,
certificates
of
deposit,
and
certificates
of
indebted
-
3
ness.
Share
or
deposit
accounts
from
which
a
member
may
withdraw
funds
by
4
the
use
of
a
negotiable
instrument
shall
be
subject
to
the
liquidity
reserve
5
requirements
of
subsection
(b)
of
this
section
and
not
to
the
liquidity
re
-
6
serve
requirements
of
this
subsection.
Said
liquidity
reserves,
except
as
7
hereinafter
otherwise
provided,
shall
be
kept
in
cash
on
hand
or
on
deposit
8
subject
to
check
or
draft,
with
any
bank
or
banks
or
corporate
credit
union
9
located
in
the
state
of
Idaho,
which
shall
have
been
approved
by
the
director
10
as
liquidity
reserve
depositories
and
shall
be
computed
monthly
as
follows:
1
1
on
the
basis
of
average
daily
bank
deposits
and
average
daily
cash
on
hand.
12
(b)
Every
credit
union
which
provides
for
its
member's
share
or
deposit
13
accounts
from
which
the
member
may
withdraw
funds
by
the
use
of
negotiable
14
instrument
shall
have
on
hand
as
a
liquidity
reserve
in
addition
to
the
liq
-
15
uidity
reserve
required
by
subsection
(a)
of
this
section
an
amount
equal
16
to
ten
percent
(10%)
of
its
share
and
deposit
accounts
which
are
subject
to
17
withdrawal
by
the
use
of
negotiable
instrument.
Said
liquidity
reserves
18
shall
be
kept
in
cash
on
hand
or
on
deposit
subject
to
check
or
draft,
with
any
19
bank
or
banks
or
corporate
credit
union
located
in
the
state
of
Idaho
which
20
shall
have
been
approved
by
the
director
as
liquidity
reserve
depositories
21
and
shall
be
computed
monthly
as
follows:
on
the
basis
of
average
daily
bank
22
or
corporate
credit
union
deposits,
and
average
daily
cash
on
hand.
23
(c)
Certificates
of
deposit
issued
by
the
Idaho
Corporate
Credit
Union
24
may
be
included
in
meeting
the
requirements
of
this
section.
To
the
extent
a
25
credit
union
is
required
to
maintain
reserves
pursuant
to
the
monetary
con
-
26
trol
act
of
1980
and
the
implementing
regulations
of
the
board
of
governors
27
of
the
federal
reserve
system,
as
the
same
is
presently
enacted
and
as
it
may
28
be
amended
in
the
future,
the
reserves
required
to
be
so
maintained
shall
be
29
considered
as
a
part
of,
and
not
in
addition
to,
the
liquidity
reserves
re
-
30
quired
by
this
section.
31
SECTION
3.
That
Section
26
-
2170
,
Idaho
Code,
be,
and
the
same
is
hereby
32
repealed.
33
SECTION
4.
That
Section
26
-
2171
,
Idaho
Code,
be,
and
the
same
is
hereby
34
repealed.
35
SECTION
5.
That
Section
26
-
2172
,
Idaho
Code,
be,
and
the
same
is
hereby
36
repealed.
37
SECTION
6.
That
Section
26
-
2173
,
Idaho
Code,
be,
and
the
same
is
hereby
38
repealed.
39
SECTION
7.
That
Section
26
-
2174
,
Idaho
Code,
be,
and
the
same
is
hereby
40
repealed.
41
SECTION
8.
That
Section
26
-
2175
,
Idaho
Code,
be,
and
the
same
is
hereby
42
repealed.
43
SECTION
9.
That
Section
26
-
2176
,
Idaho
Code,
be,
and
the
same
is
hereby
44
repealed.
45

3
SECTION
10.
That
Section
26
-
2177
,
Idaho
Code,
be,
and
the
same
is
hereby
1
repealed.
2
SECTION
11.
That
Section
26
-
2178
,
Idaho
Code,
be,
and
the
same
is
hereby
3
repealed.
4
SECTION
12.
That
Section
26
-
2179
,
Idaho
Code,
be,
and
the
same
is
hereby
5
repealed.
6
SECTION
13.
That
Section
26
-
2180
,
Idaho
Code,
be,
and
the
same
is
hereby
7
repealed.
8
SECTION
14.
That
Section
26
-
2181
,
Idaho
Code,
be,
and
the
same
is
hereby
9
repealed.
10
SECTION
15.
That
Section
26
-
2182
,
Idaho
Code,
be,
and
the
same
is
hereby
1
1
repealed.
12
SECTION
16.
That
Section
26
-
2183
,
Idaho
Code,
be,
and
the
same
is
hereby
13
repealed.
14
SECTION
17.
That
Section
26
-
2184
,
Idaho
Code,
be,
and
the
same
is
hereby
15
repealed.
16
SECTION
18.
That
Section
26
-
2185
,
Idaho
Code,
be,
and
the
same
is
hereby
17
repealed.
18
SECTION
19.
That
Section
26
-
2186
,
Idaho
Code,
be,
and
the
same
is
hereby
19
repealed.
20
SECTION
20.
That
Section
27
-
406
,
Idaho
Code,
be,
and
the
same
is
hereby
21
repealed.
22
SECTION
21.
That
Section
27
-
409
,
Idaho
Code,
be,
and
the
same
is
hereby
23
repealed.
24
SECTION
22.
An
emergency
existing
therefor,
which
emergency
is
hereby
25
declared
to
exist,
this
act
shall
be
in
full
force
and
effect
on
and
after
26
July
1,
2026.
27