Idaho Endowment Fund Investment Board v. Crane

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 amend*669ments.1 We uphold the amendments and the statutory enactments.

FACTUAL AND PROCEDURAL BACKGROUND

In 1998, the Idaho legislature adopted House Joint Resolution (H. J.R.) 8, which proposed to amend Sections 3 and 11 of Article IX of the Idaho Constitution. Section 1 of H.J.R.8 proposed several amendments to Article IX, § 3 including:

1. Change the name of the “Public School Fund”…