Idaho State Statutes - Idaho Attorney Directory

The governor is authorized and
directed to provide for the implementation and administration of the
allocation formula established in section 50-2803, Idaho Code, by executive
order. The executive order shall: (i) establish rules and procedures for the
form, contents, submission, processing, priorities and approval of
applications for allocations of the state ceiling; (ii) designate an agency
for receipt, verification and approval of applications and for authorization
of allocations; (iii) provide for the carry-forward of an allocation under
section 146(f) of the code; (iv) provide for the issuance to governmental
units of certificates evidencing an allocation of the state ceiling; (v)
establish a period of time within which allocations must be used; (vi) provide
for a means of reallocating portions of the state ceiling with respect to
allocations for bonds or certificates that are not actually issued or are
issued in a lesser amount than that portion of the state ceiling which was
allocated to the bonds; and (vii) provide for, through the establishment of
rules and procedures or otherwise, any other matters necessary or desirable to
implement and administer the allocation formula and to provide for an
efficient use of the state ceiling.

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