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House education panel holds bill and introduces RS to shift charter school credit‑enhancement approach
Summary
The House Committee on Education held House Bill 256 for further consideration and introduced RS32492 to change the proposed credit‑enhancement approach for charter school facility financing. Charter leaders and financing partners testified the state program lowers borrowing costs and attracts lenders.
The Idaho House Committee on Education on Feb. 25 held House Bill 256 in committee and introduced RS32492, which the sponsor said would move the proposed credit‑enhancement approach from a ‘‘floor‑based’’ method to a ‘‘formulaic‑based’’ method.
Representative Wendy Horman, R‑District 32 of Bonneville County, introduced the change and told the committee the modification came at the Treasurer’s Office request. "So that's the change in the bill. Otherwise everything remains as it was in the House Bill 2 56," Horman said.
The committee approved a motion to hold House Bill 256 in committee; Representative Harris made the motion and it carried on a voice vote with no recorded opposition. Later in the hearing Representative Mundyff moved to introduce RS32492 and request placement on the second‑reading calendar;…
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