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Read. Follow. Verify.Idaho House Passes Bill Halting Budget Stabilization Fund Transfers to General Fund
Last action · April 2, 2026: Returned from Governor vetoed on April 28, 2026
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What This Bill Proposed
House Bill 975 suspends mandatory cash transfers from the state back to the from June 1, 2026, through June 30, 2027, overriding standard state code limits on fund balances.
The measure alters how state reserve funds are managed during fiscal years 2026 and 2027 by pausing the routine flow of excess reserve balances back into the general operating pool.
Who It Would Have Affected
Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.
Office of the State Controller
The office must comply with the prohibition against transferring moneys from the Budget Stabilization Fund to the General Fund during the designated period.
Key Facts
- The Office of the State Controller is prohibited from transferring funds from the Budget Stabilization Fund to the General Fund for the period starting June 1, 2026, and ending June 30, 2027.
- The act overrides Section 57-814, Idaho Code, which normally limits the Budget Stabilization Fund balance to 15% of total General Fund receipts and mandates the transfer of excess funds.
- An emergency is declared, making the act effective on and after June 1, 2026.
Frequently Asked Questions
What does House Bill 975 change?
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Votes, people, money & the original sourceWhere This Stands
This bill did not become law - Vetoed by the governor.
Procedural history
15 actions- Apr 2, 2026Returned from Governor vetoed on April 28, 2026
- Apr 2, 2026Delivered to Governor at 5:44 p.m. on April 2, 2026
- Apr 2, 2026Returned Signed by the President; Ordered Transmitted to Governor
- Apr 2, 2026Signed by President; returned to House
- Apr 2, 2026Received from the House enrolled/signed by Speaker
- Apr 2, 2026Reported Enrolled; Signed by Speaker; Transmitted to Senate
Show 9 earlier actions
- Apr 2, 2026FloorReturned from Senate Passed; to JRA for Enrolling
- Apr 2, 2026FloorRules Suspended (2/3 Vote - Read in full as required) – Read third time in full – PASSED - 19-13-3 AYES – Adams, Anthon, Bernt, Bjerke(Bjerke), Blaylock, Burtenshaw, Carlson, Cook, Den Hartog, Galloway, Grow, Guthrie, Harris, Hart, Keyser, Lent, Ricks, VanOrden, Woodward NAYS – Kohl, Lenney, Nichols, Okuniewicz, Rabe, Semmelroth, Shippy, Taylor, Toews, Ward-Engelking, Wintrow, Zito, Zuiderveld Absent and excused – Foreman, Lakey, Ruchti Floor Sponsor - Cook Title apvd - to House
- Apr 2, 2026Reported out of Committee with Do Pass Recommendation; Filed for second reading
- Apr 2, 2026IntroducedIntroduced, read first time; referred to: Finance
- Apr 2, 2026FloorReceived from the House passed; filed for first reading
- Apr 2, 2026FloorRules Suspended: Ayes 59 Nays 6 Abs/Excd 5, read in full as required – PASSED - 43-23-4 AYES – Alfieri, Beiswenger, Bingham, Boyle, Burgoyne, Cannon(Cannon), Cheatum, Cornilles, Crane(12), Dygert, Ehardt, Ehlers, Erickson, Fuhriman, Furniss, Galaviz, Hall(Stone), Handy, Harris, Healey, Hill(Hill), Holtzclaw, Mendive, Mickelsen, Miller, Mitchell, Monks, Nelsen, Palmer, Petzke, Pickett, Pohanka, Price, Raybould, Raymond, Redman, Sauter, Shepherd, Shirts(Batt), Tanner(14), Vander Woude, Veile, Mr. Speaker NAYS – Barbieri, Berch, Bruce, Cayler, Church, Crane(13), Egbert(Beazer), Gannon, Garner, Green, Hawkins, Haws, Hostetler, Leavitt, Mathias, McCann, Rasor, Rubel, Scott, Skaug, Tanner(13), Thompson, Wisniewski Absent – Manwaring, Marmon, Weber, Wheeler Floor Sponsor - Petzke Title apvd - to Senate
- Apr 2, 2026Read second time; Filed for Third Reading
- Apr 1, 2026Reported Printed; Filed for Second Reading
- Apr 1, 2026IntroducedIntroduced, read first time, referred to JRA for Printing
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Connected Entities
Sources
legislature.idaho.gov
Analysis Score
0–100- Significance60How much this matters to a regular citizen
- Controversy50Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz25Current news / social attention level
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