EDUCATION – Amends existing law to revise provisions regarding the School District Facilities Fund.

Idaho's H 636 revises how school districts access state funds for building and maintenance projects. It creates a dedicated School District Facilities Fund in the state treasury, using money from specific tax codes and legislative appropriations. The fund must be distributed by August 1 each year to school districts based on student attendance, with strict spending priorities: first paying existing school bonds and required levies, then allowing use for new construction, renovations, or maintenance. This reduces property tax levies for school districts since these funds replace some local tax revenue, directly affecting all Idaho school districts and their property taxpayers. The bill also includes temporary adjustments for fiscal years 2025-2026 related to bond levy equalization.