STATE LANDS – Amends existing law to establish requirements for commercial land use authorizations on state endowment land.

S 1062 amends Idaho law to establish new requirements for commercial leases on state endowment trust lands. The bill requires commercial lessees (such as businesses, developers, or renewable energy projects) to comply with local zoning and planning ordinances, and mandates that the state land board consult with county commissioners and hold public hearings before approving leases over 20 years. It defines "commercial purposes" to include activities like retail, offices, or renewable energy facilities (excluding farming, grazing, or residential leases) and requires lessees to disclose certain information. The law also sets maximum lease terms (up to 49 years for commercial use) and ensures lease revenues are subject to public disclosure. These changes directly affect commercial land users, county governments, and the state land board's leasing process.