Idaho § 67-1802 DISTRIBUTION FROM THE IDAHO MILLENNIUM PERMANENT ENDOWMENT FUND

Idaho Statutes

§ 67-1802 — DISTRIBUTION FROM THE IDAHO MILLENNIUM PERMANENT ENDOWMENT FUND

Idaho § 67-1802

Title 67STATE GOVERNMENT AND STATE AFFAIRS

Ch. 18IDAHO MILLENNIUM FUND

This text of Idaho § 67-1802 (DISTRIBUTION FROM THE IDAHO MILLENNIUM PERMANENT ENDOWMENT FUND) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Idaho Code § 67-1802 (2026).

Text

On the first business day of July, or as soon thereafter as possible, the state treasurer shall distribute to the Idaho millennium income fund five percent (5%) of the Idaho millennium permanent endowment fund’s average monthly fair market value of the first twelve (12) months of the preceding twenty-four (24) months. Provided however, the distribution shall not exceed the Idaho millennium permanent endowment fund’s fair market value on the first business day in July.

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On the first business day of July, or as soon thereafter as possible, the state treasurer shall distribute to the Idaho millennium income fund five percent (5%) of the Idaho millennium permanent endowment fund’s average monthly fair market value of the first twelve (12) months of the preceding twenty-four (24) months. Provided however, the distribution shall not exceed the Idaho millennium permanent endowment fund’s fair market value on the first business day in July.