Section 39-8101 – SHORT TITLE.
39-8101. SHORT TITLE. This act may be known and cited as the "Basin Environmental Improvement Act." History: [39-8101, added 2001, ch. 371, sec. 2, p. 1297.]
39-8101. SHORT TITLE. This act may be known and cited as the "Basin Environmental Improvement Act." History: [39-8101, added 2001, ch. 371, sec. 2, p. 1297.]
39-8102. POLICY OF STATE. The Idaho legislature declares that environmental protection and improvement of the Coeur d’Alene basin to protect human health and enhance natural resources is very important to the state. Therefore, it is the policy of the state to provide in this chapter a system for environmental remediation, natural resource restoration and related […]
39-8103. DEFINITIONS. As used in this chapter, unless a different meaning clearly appears from the context: (1) "Administrator" means the administrator or a member of the board of administrators of the basin environmental improvement fund and financing authority. (2) "Basin" means the watershed of Coeur d’Alene Lake within the counties of Shoshone, Kootenai and Benewah […]
39-8104. ESTABLISHMENT OF AGREEMENTS OR COMPACTS FOR PARTICIPATION IN BASIN PROJECT COMMISSION. The director of the department of environmental quality and the attorney general of the state of Idaho or their delegates shall represent the state of Idaho in negotiations with representatives of the state of Washington, the Coeur d’Alene tribe and the United States […]
39-8105. GOVERNOR SHALL REQUEST RECIPROCAL LEGISLATION OR RESOLUTION. The governor of the state of Idaho shall advise the chairman of the Coeur d’Alene tribe, the governor of the state of Washington and the president of the United States of America of the enactment of this chapter and request that, if necessary, reciprocal resolutions or legislation […]
39-8106. BASIN PROJECT COMMISSION — ESTABLISHMENT — COMPOSITION — POWERS — DUTIES — FUNDING. (1) The basin environmental improvement project commission is hereby created and shall become operational when the director of the department of environmental quality, by execution of an appropriate order, determines that: (a) Significant funds from any source have been provided to […]
39-8107. BASIN FUND AND FINANCING AUTHORITY — ESTABLISHMENT — ADMINISTRATORS — POWERS. (1) The basin environmental improvement fund and financing authority is hereby created and shall become operational when the director of the department of environmental quality, by execution of an appropriate order, determines that significant funds have been provided to the financing authority from […]
39-8108. FINANCING AUTHORITY MAY ISSUE NOTES AND BONDS — RELATED POWERS AND DUTIES. (1) The financing authority may issue from time to time its notes and bonds in a principal amount as the financing authority determines to be necessary to provide sufficient funds for achieving any of its corporate purposes, including the payment of interest […]
39-8109. NOTES AND BONDS — STATE WILL NOT IMPAIR VESTED RIGHTS. The state pledges to and agrees with the holders of any notes or bonds issued under this chapter that the state will not limit or alter the rights hereby vested in the financing authority to fulfill the terms of any agreements made with the […]
39-8110. LIMITATION OF LIABILITY — NOTES AND BONDS ARE NOT A DEBT OF THE STATE. The notes, bonds or other obligations of the financing authority are not an indebtedness or obligation of the state of Idaho, or of any department, board, commission, agency, political subdivision, body corporate and politic, or instrumentality of a municipality or […]
39-8111. STATE MAY MAKE GRANTS TO FINANCING AUTHORITY. The state may make grants of money or property to the financing authority for the purpose of enabling it to carry out its corporate purposes and for the exercise of its powers including, but not limited to, deposits to the reserve funds. This section does not limit […]
39-8112. NOTES AND BONDS OF FINANCING AUTHORITY ARE LEGAL INVESTMENTS. The notes and bonds of the financing authority are legal investments in which all public officers and public bodies of this state, its political subdivisions, all municipalities and municipal subdivisions, all insurance companies and associations and other persons carrying on an insurance business, all banks, […]
39-8113. NOTES AND BONDS OF FINANCING AUTHORITY ARE TAX EXEMPT. The basin project commission and the financing authority perform essential governmental functions in the exercise of the powers conferred upon them under this chapter. The notes and bonds of the financing authority issued under this chapter, and the income therefrom, including any profit made on […]
39-8114. CHAPTER NOT A LIMITATION OF POWERS. This chapter does not restrict or limit the powers which the basin project commission or financing authority might otherwise have under any laws of this state, and this chapter is cumulative to those powers. This chapter provides an additional and alternative method for actions authorized and shall be […]
39-8115. INCONSISTENT LAWS — THIS CHAPTER CONTROLS. If any provision of this chapter is inconsistent with the provisions of any other law, general, specific or local, the provisions of this chapter control. History: [39-8115, added 2001, ch. 371, sec. 2, p. 1308.]