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Read. Follow. Verify.Idaho House Bill 740 revises distribution rules for public school endowment earnings reserve funds
Last action · February 20, 2026: Reported Printed and Referred to Education
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What This Bill Proposed
Idaho House Bill 740 amends state law regarding the deposit and distribution of from public endowment investments, directing special distributions to school districts and public charter schools on a per-pupil basis starting July 1, 2026.
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.
School districts
Receive special distributions of public school endowment earnings calculated on a per-pupil basis.
Public charter schools
Receive per-pupil distributions of earnings when students receive instruction at a district- or charter-owned or leased physical facility.
State Board of Land Commissioners
Responsible for directing investment distributions and determining the allocation of earnings reserve funds at least annually.
Key Facts
- The investment board distributes investment earnings from endowment funds as directed by the state board of land commissioners.
- Earnings from permanent endowment funds related to state land grants are deposited into each endowment's respective earnings reserve fund.
- At least annually, the state board of land commissioners distributes moneys constituting earnings reserve funds to income funds, permanent endowment funds, or maintains them as a free fund balance.
- Earnings supporting the public school endowment are distributed by special distribution from the state department of education on a per-pupil basis.
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- The per-pupil distribution uses the average daily attendance calculation for students in kindergarten through grade 12 who receive instruction at a physical facility owned or leased by a school district or public charter school.
- Moneys in earnings reserve funds are available for legislative appropriation to pay administrative costs incurred in managing endowment assets.
Frequently Asked Questions
How are public school endowment earnings distributed under this bill?
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Votes, people, money & the original sourceWhere This Stands
This bill did not become law - Died at adjournment · in House committee.
Procedural history
2 actions- Feb 20, 2026CommitteeReported Printed and Referred to Education
- Feb 19, 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- Significance20Lowered because this bill did not pass (its text scored 60)
- Controversy15Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz20Current news / social attention level
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