Idaho H0976 appropriates and transfers funds to the Strategic Initiatives Program and Local Highway Distribution Funds for fiscal year 2026.

Idaho H0976 allocates 50% of the interest earnings from fiscal years 2024, 2025, and 2026, or $32,877,300, whichever is greater, to the American Rescue Plan Act State and Local Fiscal Recovery Fund. This fund will distribute 60% to the Strategic Initiatives Program (Dedicated) Fund and 40% to the Local Highway Distribution Fund for the period from July 1, 2025, to June 30, 2026. The Office of the State Controller will handle the transfer, with the amount confirmed by the Legislative Services Office Budget and Policy Analysis Division.

Idaho H0976 appropriates and transfers funds to the Strategic Initiatives Program and Local Highway Distribution Funds for fiscal year 2026.

Idaho H0976 allocates 50% of the interest earnings from fiscal years 2024, 2025, and 2026, or $32,877,300, whichever is greater, to the American Rescue Plan Act State and Local Fiscal Recovery Fund. This fund will distribute 60% to the Strategic Initiatives Program (Dedicated) Fund and 40% to the Local Highway Distribution Fund for the period from July 1, 2025, to June 30, 2026. The Office of the State Controller will handle the transfer, with the amount confirmed by the Legislative Services Office Budget and Policy Analysis Division.