§ 67-1804 — DISTRIBUTION FROM THE IDAHO MILLENNIUM FUND

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 fund’s average monthly fair market value for the first twelve (12) months of the preceding twenty-four (24) months. Provided however, that the distribution shall not exceed the Idaho millennium fund’s fair market value on the first business day in July.

Legislative History

[(67-1804) 67-1803, added 2000, ch. 1, sec. 1, p. 3; am. 2003, ch. 1, sec. 1, p. 3; am. and redesig. 2006, ch. 187, sec. 4, p. 589.]