Idaho § 33-914 - ANNUALIZED OR LUMP SUM DISTRIBUTION - SCHOOL MODERNIZATION FACILITIES FUND
Full text of Idaho Idaho Statutes § 33-914 — ANNUALIZED OR LUMP SUM DISTRIBUTION - SCHOOL MODERNIZATION FACILITIES FUND, with citation guidance and answers to common questions.
§ 33-914. ANNUALIZED OR LUMP SUM DISTRIBUTION - SCHOOL MODERNIZATION FACILITIES FUND
(1) School districts may elect to receive their distribution as a lump sum from the net proceeds of the bonds paid to the state department of education. School districts may alternatively request to receive their distribution in annualized amounts, which shall be subject to the order of priority specified for the school district facilities fund established in section 33-911 , Idaho Code. The state department of education shall establish a process for school districts to elect a lump sum or annualized distribution or a combination thereof in alignment with the dates specified in section 33-911 , Idaho Code. Annualized distributions shall be distributed to school districts no later than August 31 each year, to those school districts electing such distributions prior to that date.
(2) If a school district elects not to receive either an annualized distribution or a lump sum amount or fails to make a selection by July 1, 2025, the amount the school district would have received shall be transferred to the school district facilities fund created in section 33-911 , Idaho Code, for distribution to all schools according to the provisions of section 33-911 , Idaho Code.
[33-914, added 2024, ch. 237, sec. 16, p. 830.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 33-914
What does Idaho Statutes § 33-914 cover?
Section 33-914 ("ANNUALIZED OR LUMP SUM DISTRIBUTION - SCHOOL MODERNIZATION FACILITIES 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 § 33-914?
A common citation format is "Idaho Statutes § 33-914" (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 § 33-914 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.