STATE TREASURER – Repeals existing law to remove obsolete provisions relating to securities lending agreements.

This bill repeals Idaho Code section 67-1210B, which contained outdated provisions about the state treasurer's ability to continue investing through securities lending agreements. It directly affects the Idaho State Treasurer's office by removing obsolete legal language from state code. The key mechanism is a straightforward repeal of the specific code section identified as unnecessary during a legislative review. The law will take effect on July 1, 2026, as part of a broader effort to streamline Idaho's statutes. This is a procedural cleanup with no new policy changes for state investments.