Idaho § 33-903 - Public school income fund
Full text of Idaho Idaho Statutes § 33-903 — Public school income fund, with citation guidance and answers to common questions.
§ 33-903. Public school income fund
(1) The public school income fund is that fund in the treasury of the state of Idaho to which are credited the following:
(a) Moneys distributed from the public school earnings reserve fund and other sources the legislature deems appropriate;
(b) Proceeds of all state taxes levied for public school purposes;
(c) Grants of moneys from the federal government for public school purposes when other disposition is not specified by law;
(d) Ninety percent (90%) of any moneys received by any department of state government from the federal government from sales, royalties, bonuses or rentals of oil, gas or mineral lands;
(e) Legislative appropriations in support of the public schools, and other moneys required by the law of the federal government or of the state of Idaho to be made a part of and credited to the fund.
(2) Earnings on the investment of idle moneys in the public school income fund shall be paid to the public school income fund.
(3) Moneys in the public school income fund shall be used for the benefit of beneficiaries of the public school endowment and distributed to current beneficiaries of the public school endowment pursuant to legislative appropriation.
[33-903, added 1963, ch. 13, sec. 119, p. 27; am. 1976, ch. 28, sec. 1, p. 63; am. 1984, ch. 180, sec. 1, p. 426; am. 1990, ch. 377, secs. 1, 4, p. 1042; am. 1998, ch. 256, sec. 9, p. 830.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 33-903
What does Idaho Statutes § 33-903 cover?
Section 33-903 ("Public school income fund") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 33-903?
A common citation format is "Idaho Statutes § 33-903" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 33-903 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.