S1303 • 2026

ENERGY RESOURCES FUND – Amends existing law to revise the name of a fund and to revise a definition.

Energy

Enacted

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

Sponsor: RESOURCES AND ENVIRONMENT COMMITTEE
Last action: 2026-03-26
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.

ENERGY RESOURCES FUND – Amends existing law to revise the name of a fund and to revise a definition.

What This Bill Does

ENERGY RESOURCES FUND – Amends existing law to revise the name of a fund and to revise a definition.

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

2026-03-26 Idaho State Legislature
Reported delivered to Governor at 4:33 p.m. on 03/25/26
2026-03-26 Idaho State Legislature
Signed by Governor on 03/26/26 Session Law Chapter 133 Effective: 07/01/2026
2026-03-25 Idaho State Legislature
Received from Senate; Signed by Speaker; Returned to Senate
2026-03-25 Idaho State Legislature
Reported signed by the Speaker & ordered delivered to Governor
2026-03-24 Idaho State Legislature
Returned From House Passed; referred to enrolling
2026-03-24 Idaho State Legislature
Reported enrolled; signed by President; to House for signature of Speaker
2026-03-23 Idaho State Legislature
Read Third Time in Full – PASSED - 45-23-2 AYES – Bingham, Boyle, Cannon, Cheatum, Church, Crane(12), Dygert, Egbert, Ehardt, Ehlers, Erickson, Fuhriman, Furniss, Galaviz, Gannon, Garner, Green, Hall(Stone), Handy, Haws, Healey, Hill, Holtzclaw, Manwaring, Mathias, McCann, Mendive, Mickelsen, Miller, Monks, Nelsen, Palmer, Petzke, Pickett, Pohanka, Raybould, Raymond, Rubel, Sauter, Shirts, Vander Woude, Veile, Weber, Wheeler, Mr. Speaker NAYS – Alfieri, Barbieri, Beiswenger, Bruce, Burgoyne, Cayler, Crane(13), Harris, Hawkins, Hostetler, Leavitt, Marmon, Mitchell, Price, Rasor, Redman, Scott, Shepherd, Skaug, Tanner(13), Tanner(14), Thompson, Wisniewski Absent – Berch, Cornilles Floor Sponsor - Bingham Title apvd - to Senate
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 Senate, Filed for First Reading
2026-03-13 Idaho State Legislature
Read First Time, Referred to Resources & Conservation
2026-03-12 Idaho State Legislature
Read third time in full – PASSED - 27-8-0 AYES – Adams, Anthon, Bernt, Bjerke(Bjerke), Blaylock, Burtenshaw, Cook, Den Hartog, Foreman, Galloway, Grow, Guthrie, Harris, Lakey, Lent, Okuniewicz, Rabe, Ricks, Ruchti, Rundhaug(Carlson), Semmelroth, Taylor, Toews, VanOrden, Ward-Engelking, Wintrow, Woodward NAYS – Coho(Lenney), Hart, Keyser, Kohl, Nichols, Shippy, Zito, Zuiderveld Absent and excused – None Floor Sponsor - Woodward Title apvd - to House
2026-03-10 Idaho State Legislature
Read second time; filed for Third Reading
2026-03-09 Idaho State Legislature
Reported out of Committee with Do Pass Recommendation; Filed for second reading
2026-02-17 Idaho State Legislature
Reported Printed; referred to Resources & Environment
2026-02-16 Idaho State Legislature
Introduced; read first time; referred to JR for Printing

Official Summary Text

ENERGY RESOURCES FUND – Amends existing law to revise the name of a fund and to revise a definition.

Current Bill Text

Read the full stored bill text

LEGISLATURE
OF
THE
STATE
OF
IDAHO
Sixty-eighth
Legislature
Second
Regular
Session
-
2026
IN
THE
SENATE
SENATE
BILL
NO.
1303
BY
RESOURCES
AND
ENVIRONMENT
COMMITTEE
AN
ACT
1
RELATING
TO
ENERGY
RESOURCES
FUND;
AMENDING
SECTION
57
-
1306,
IDAHO
CODE,
TO
2
REVISE
PROVISIONS
REGARDING
THE
RENEWABLE
ENERGY
RESOURCES
FUND
AND
TO
3
MAKE
TECHNICAL
CORRECTIONS;
AND
DECLARING
AN
EMERGENCY
AND
PROVIDING
AN
4
EFFECTIVE
DATE.
5
Be
It
Enacted
by
the
Legislature
of
the
State
of
Idaho:
6
SECTION
1.
That
Section
57
-
1306,
Idaho
Code,
be,
and
the
same
is
hereby
7
amended
to
read
as
follows:
8
57
-
1306.
IMPACT
FUNDS.
9
(1)(a)
Upon
receipt
of
any
moneys
from
the
federal
government
from
10
sales,
royalties,
bonuses
,
or
rentals
of
oil,
gas
,
or
mineral
lands
of
1
1
the
federal
government,
the
state
treasurer
shall
remit
ten
percent
12
(10%)
of
such
receipts
to
the
general
fund
of
the
several
counties
from
13
which
the
resources
were
extracted.
The
state
treasurer
shall
compute
a
14
particular
county's
share
of
such
receipts
by
computing
the
proportion
15
of
the
moneys
generated
by
sales,
royalties,
bonuses
,
or
rentals
of
fed
-
16
eral
lands
situated
within
that
particular
county
to
the
total
of
moneys
17
received
from
the
federal
government
from
sales,
royalties,
bonuses
,
18
or
rentals
of
all
oil,
gas
,
or
mineral
lands
of
the
federal
government
19
within
the
state
of
Idaho
for
the
same
period.
The
moneys
remitted
to
20
the
various
counties
according
to
the
provisions
of
this
section
shall
21
be
used
for
the
construction
and
maintenance
of
public
roads
or
for
the
22
support
of
public
schools.
23
(b)
The
remaining
ninety
percent
(90%)
of
any
moneys
received
from
the
24
federal
government
from
sales,
royalties,
bonuses
,
or
rentals
of
oil,
25
gas
,
or
mineral
lands
of
the
federal
government
shall
be
deposited
into
26
the
public
school
income
fund,
pursuant
to
the
provisions
of
section
27
33
-
903,
Idaho
Code.
28
(2)(a)
The
state
treasurer
shall
remit
ten
percent
(10%)
of
any
moneys
29
received
from
the
sale,
royalties,
bonuses
,
or
rental
of
renewable
en
-
30
ergy
resources
on
lands
of
the
federal
government
to
the
general
fund
of
31
the
several
counties
from
which
the
resources
were
developed.
The
state
32
treasurer
shall
compute
a
particular
county's
share
of
such
receipts
by
33
computing
the
proportion
of
the
moneys
generated
by
sales,
royalties,
34
bonuses
,
or
rentals
of
federal
lands
situated
within
that
particular
35
county
to
the
total
of
moneys
received
from
the
federal
government
from
36
sales,
royalties,
bonuses
,
or
rentals
of
all
renewable
energy
resource
37
lands
of
the
federal
government
within
the
state
of
Idaho
for
the
same
38
period.
The
moneys
remitted
to
the
various
counties
according
to
the
39
provisions
of
this
section
shall
be
used
for
the
construction
and
main
-
40
tenance
of
public
roads
or
for
the
support
of
public
schools.
41

2
(b)
The
remaining
ninety
percent
(90%)
of
any
moneys
received
from
the
1
sale,
royalties,
bonuses
,
or
rental
of
renewable
energy
resources
on
2
lands
of
the
federal
government
,
and
any
moneys
from
the
federal
govern
-
3
ment
collected
pursuant
to
the
federal
power
act,
16
U.S.C.
803(e)(1),
4
for
the
use
of
lands
of
the
federal
government
,
and
such
other
moneys
5
as
may
be
provided
by
legislative
appropriation,
shall
be
deposited
by
6
the
state
treasurer
into
the
renewable
energy
resources
fund,
which
is
7
hereby
created.
Any
interest
earned
on
the
investment
of
idle
moneys
in
8
the
renewable
energy
resources
fund
shall
be
returned
to
the
fund.
Mon
-
9
eys
in
the
renewable
energy
resources
fund
may
be
expended
pursuant
to
10
appropriation
and
may
be
used
by
the
administrator
of
the
office
of
en
-
1
1
ergy
and
mineral
resources
consistent
with
the
duties,
powers
,
and
au
-
12
thorities
of
the
office.
13
(3)
(c)
For
the
purposes
of
this
sub
section,
"renewable
energy
re
-
14
sources"
shall
only
include
means
geothermal,
wind
,
and
solar
,
and
15
other
sustainable
energy
resources.
16
SECTION
2.
An
emergency
existing
therefor,
which
emergency
is
hereby
17
declared
to
exist,
this
act
shall
be
in
full
force
and
effect
on
and
after
18
July
1,
2026.
19