Idaho Bills

Adds to existing law to prohibit certain governmental entities from investing in foreign adversaries.

The Foreign Adversary Investment Act will ensure that the State of Idaho’s public investment dollars are not put at risk in adversary countries so not to fund the development of military technologies and surveillance tools of foreign adversaries that impede the State of Idaho’s interests and the interests of the United States, by requiring that Idaho’s public investments are prohibited from any future investment of from countries of concern. All state managed funds shall immediately and in good faith begin divesting of any prohibited holdings.

Adds to existing law to require certain governmental entities in Idaho to divest from investments in foreign adversaries.

The Foreign Adversary Divestment Act will ensure that the State of Idaho’s public investment dollars are not put at risk in adversary countries so not to fund the development of military technologies and surveillance tools of foreign adversaries that impede the State of Idaho’s interests and the interests of the United States, by requiring the divestment of public pension dollars and university endowment funds from countries of concern. All state managed funds shall immediately and in good faith begin divesting of any prohibited holdings.