67-1802. DISTRIBUTION FROM THE IDAHO MILLENNIUM PERMANENT ENDOWMENT 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 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.
History:
[67-1802, added 2006, ch. 187, sec. 2, p. 589.]
Structure Idaho Code
Title 67 - STATE GOVERNMENT AND STATE AFFAIRS
Chapter 18 - IDAHO MILLENNIUM FUND
Section 67-1801 - IDAHO MILLENNIUM PERMANENT ENDOWMENT FUND.
Section 67-1802 - DISTRIBUTION FROM THE IDAHO MILLENNIUM PERMANENT ENDOWMENT FUND.
Section 67-1803 - IDAHO MILLENNIUM FUND.
Section 67-1804 - DISTRIBUTION FROM THE IDAHO MILLENNIUM FUND.
Section 67-1805 - IDAHO MILLENNIUM FUND BALANCE LIMITATION.
Section 67-1806 - IDAHO MILLENNIUM INCOME FUND.
Section 67-1807 - JOINT MILLENNIUM FUND COMMITTEE — CREATION AND APPOINTMENT OF MEMBERS.