Idaho § 39-6007
Full text of Idaho Idaho Statutes § 39-6007, with citation guidance and answers to common questions.
§ 39-6007.
Children’s trust fund - Creation. (1) There is hereby created in the state treasury the children’s trust fund.
(2) The fund shall consist of:
(a) Moneys appropriated to the fund;
(b) Moneys as provided in section 63-3067A , Idaho Code;
(c) Donations, gifts, grants and other moneys from any source; and
(d) Any other moneys which may hereafter be provided by law.
(3) Moneys in the fund may be expended for purposes provided in this chapter, provided that the children’s trust fund advisory board is authorized to expend up to fifty percent (50%) of the moneys generated annually pursuant to section 63-3067A , Idaho Code. Interest earned on the investment of idle money in the children’s trust fund shall be returned to the children’s trust fund.
(4) Disbursements of moneys from the fund shall be on the authorization of the children’s trust fund board or a duly authorized representative of the board.
(5) After the balance in the children’s trust fund has reached two million five hundred thousand dollars ($2,500,000), no further collections shall be received by the state tax commission, and all references to the fund shall be deleted from income tax forms.
[39-6007, added 1985, ch. 31, sec. 2, p. 62; am. 1987, ch. 337, sec. 4, p. 711; am. 2002, ch. 292, sec. 7, p. 843; am. 2005, ch. 342, sec. 1, p. 1069; am. 2014, ch. 52, sec. 4, p. 130.]
Frequently Asked Questions About Idaho § 39-6007
What does Idaho Statutes § 39-6007 cover?
Section 39-6007 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 § 39-6007?
A common citation format is "Idaho Statutes § 39-6007" (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 § 39-6007 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.