Idaho Code 38-136 – Community Forestry Trust Account
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(1) There is hereby created within the dedicated fund of the state treasury the community forestry trust account.
(2) The account shall consist of the following:
(a) Donations, gifts, and grants from any source;
(b) Any other moneys which may hereinafter be provided by law; and
(c) Interest earned by the account.
Terms Used In Idaho Code 38-136
- State: shall mean the state of Idaho. See Idaho Code 38-101
- Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
(3) The director or designee of the department of lands may authorize disbursements of moneys from the account for projects related to community forestry.
(4) Not less than thirty-five percent (35%) of the funding for an approved project shall be provided by the entity sponsoring or proposing the project or program. Contributions such as materials, personnel, supplies, or services may be considered as all or part of the funding provided by the petitioning entity.