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IDAHO ENDOWMENT FUND INV. BD. v. CRANE

No. 26304.

23 P.3d 129 (2001)

135 Idaho 667

IDAHO ENDOWMENT FUND INVESTMENT BOARD, a board within the Office of the Governor, and Minidoka County Joint School District No. 331 and Kootenai Joint School District No. 274, Plaintiffs-Respondents, v. Ron G. CRANE, Idaho State Treasurer, in his official capacity, Defendant-Appellant.

Supreme Court of Idaho. Boise, November 2000 Term.

April 18, 2001.

Attorney(s) appearing for the Case

Moore, Smith, Buxton & Turcke, Boise, for appellant Michael C. Moore argued.

Hon. Alan G. Lance, Attorney General; Michael S. Gilmore, Deputy Attorney General, Boise, for respondents. Michael S. Gilmore argued.

WALTERS, Justice.

This appeal addresses the validity of the 1998 amendments to Article IX, Sections 3 and 11 of the Idaho Constitution and the subsequently enacted Idaho School Bond Guaranty Act and related statutory amendments.1 We uphold the amendments and the statutory enactments.

FACTUAL AND PROCEDURAL BACKGROUND

In 1998, the Idaho legislature adopted House Joint Resolution...

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