STATE CONTROLLER – Amends existing law to revise provisions regarding reporting requirements and to establish provisions regarding noncompliance.

This bill requires all Idaho state agencies (including departments and divisions) to report certain agreements - like memorandums of understanding (MOUs), memorandums of agreement (MOAs), and contracts - to the State Controller within 10 business days of signing. Agencies must submit details including the agreement’s purpose, participating entities, monetary value, and contact information via a designated portal, with annual updates required by January 1. Exemptions cover employment contracts (excluding settlements), routine invoices, student financial aid, and template agreements. Noncompliant agencies must correct failures within 30 days, and persistent noncompliance may trigger budget holdbacks for the following fiscal year. The State Controller will maintain a public list of all reported agreements.