H 640·ID·house
FOREIGN ADVERSARIES – Adds to existing law to require certain governmental entities in Idaho to divest from investments in foreign adversaries.
FailedFiled Feb 12, 2026
Sponsor: COMMERCE AND HUMAN RESOURCES COMMITTEE
Latest Action
Reported Printed and Referred to Commerce & Human Resources
Feb 13, 2026
Summary
The bill adds a new chapter to Idaho’s code that bans public pension, retirement, rainy‑day and university endowment investments in companies, banks or state‑owned enterprises tied to countries the United States labels as foreign adversaries. It requires these funds to immediately divest any such holdings and sets an effective date of July 1 2026. The purpose is to keep Idaho’s money from supporting nations viewed as threats to U.S. security.
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