S. 1764, A bill to improve the use of a grant of a parcel of land to the State of Idaho for use as an agricultural college, and for other purposes

• This bill has been mooted by the passage of another bill on the same subject or by other events. Check 'Related Bills' below to see if other bills on this subject have been passed into law. Mooted: 8/13/2007.
• This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Version saved on July 26, 2007, 18:49:52, by webmaster:

S. 1764 would improve the use of a grant of a parcel of land to the State of Idaho for use as an agricultural college.

Detailed Summary

Authorizes Idaho, respecting Morrill Act agricultural college assets, to: (1) invest earnings and proceeds in accordance with the standards applicable to a trustee under Idaho law; (2) deduct trustee expenses from earnings and proceeds; and (3) use earnings and proceeds from granted land without regard to the limitations that prohibit the state from exceeding 10% on the purchase of land and prohibit the state from purchasing, erecting, preserving, or repairing buildings.

Status of the Legislation

Latest Major Action: 7/11/2007: Referred to Senate committee. Status: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Points in Favor

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Points Against

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