Idaho Capitol Watch
HB 702: COMMERCIAL TRANSACTIONS – Amends existing law to revise a provision regarding applicability and choice of law, to remove provisions regarding applicability and choice of law, to remove provisions regarding priority among security interests and entitlement holders, and to remove a provision regarding security interests.
Amends Idaho Code sections 28-8-110, 28-8-503, 28-8-511, and 28-9-305 to revise applicability/choice of law provisions, remove security interest priority rules for entitlement holders, make technical corrections, and declare emergency effective July 1, 2026.
Status
Transmitted to Senate (March 10, 2026) · Originated in the Idaho House · Introduced February 16, 2026
Sponsors
- BUSINESS COMMITTEE
Committees
- JRA for Printing
Bill history
- February 16, 2026 — House: Introduced, read first time, referred to JRA for Printing
- February 17, 2026 — House: Reported Printed and Referred to Business
- March 4, 2026 — House: Reported out of Committee with Do Pass Recommendation, Filed for Second Reading (do_pass)
- March 5, 2026 — House: Read second time; Filed for Third Reading
- March 6, 2026 — House: U.C. to hold place on third reading calendar until Monday, March 9, 2026 (tabled)
- March 9, 2026 — House: Read Third Time in Full – PASSED - 61-6-3AYES – Alfieri, Barbieri, Beiswenger, Bingham, Boyle, Bruce, Burgoyne, Cannon, Cayler, Cheatum, Cornilles, Crane(12), Crane(13), Dygert, Egbert, Ehardt, Ericks (passed)
- March 10, 2026 — Senate: Received from the House passed; filed for first reading (passed)
- March 10, 2026 — Senate: Introduced, read first time; referred to: Commerce & Human Resources
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