To amend the Act of July 3, 1890, to provide for the granting to a State of a parcel of land for use as an agricultural college and to proscribe the use of earnings and proceeds thereof.

Summary

Allows the state of Idaho, notwithstanding provisions of the First Morrill Act, to: (1) invest and manage earnings and proceeds derived from land granted for use as an agricultural college in accordance with the standards applicable to a trustee under Idaho law; (2) deduct from earnings and proceeds generated from granted land any expenses that a trustee is authorized to deduct pursuant to Idaho law; and (3) use earnings and proceeds generated by the granted land for any uses and purposes described in that Act without regard to limitations prohibiting the state from exceeding 10% on the purchase of land and from purchasing, erecting, preserving, or repairing buildings.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 14 June 2007

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• Introduced in House (PDF)

  Introduced in House · EN · 14 June 2007

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 14 June 2007

  Open at official source

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