Idaho § 57-1306

§ 57-1306.

Impact funds.

(1)(a) Upon receipt of any moneys from the federal government from sales, royalties, bonuses, or rentals of oil, gas, or mineral lands of the federal government, the state treasurer shall remit ten percent (10%) of such receipts to the general fund of the several counties from which the resources were extracted. The state treasurer shall compute a particular county’s share of such receipts by computing the proportion of the moneys generated by sales, royalties, bonuses, or rentals of federal lands situated within that particular county to the total of moneys received from the federal government from sales, royalties, bonuses, or rentals of all oil, gas, or mineral lands of the federal government within the state of Idaho for the same period. The moneys remitted to the various counties according to the provisions of this section shall be used for the construction and maintenance of public roads or for the support of public schools.

(b) The remaining ninety percent (90%) of any moneys received from the federal government from sales, royalties, bonuses, or rentals of oil, gas, or mineral lands of the federal government shall be deposited into the public school income fund, pursuant to the provisions of section 33-903 , Idaho Code.

(2)(a) The state treasurer shall remit ten percent (10%) of any moneys received from the sale, royalties, bonuses, or rental of renewable energy resources on lands of the federal government to the general fund of the several counties from which the resources were developed. The state treasurer shall compute a particular county’s share of such receipts by computing the proportion of the moneys generated by sales, royalties, bonuses, or rentals of federal lands situated within that particular county to the total of moneys received from the federal government from sales, royalties, bonuses, or rentals of all renewable energy resource lands of the federal government within the state of Idaho for the same period. The moneys remitted to the various counties according to the provisions of this section shall be used for the construction and maintenance of public roads or for the support of public schools.

(b) The remaining ninety percent (90%) of any moneys received from the sale, royalties, bonuses, or rental of renewable energy resources on lands of the federal government, any moneys from the federal government collected pursuant to the federal power act, 16 U.S.C. 803(e)(1), for the use of lands of the federal government, and such other moneys as may be provided by legislative appropriation, shall be deposited by the state treasurer into the energy resources fund, which is hereby created. Any interest earned on the investment of idle moneys in the energy resources fund shall be returned to the fund. Moneys in the energy resources fund may be expended pursuant to appropriation and may be used by the administrator of the office of species, minerals, and energy coordination consistent with the duties, powers, and authorities of the office.

(c) For the purposes of this subsection, "renewable energy resources" means geothermal, wind, solar, and other sustainable energy resources.

[57-1306, added 1976, ch. 28, sec. 2, p. 63; am. 2008, ch. 206, sec. 1, p. 659.; am. 2025, ch. 161, sec. 1, p. 780; am. 2026, ch. 66, sec. 12, p. 284; am. 2026, ch. 133, sec. 1, p. 630.]