SB 1254 made it out of Senate State Affairs committee and the full Senate. It has gone to the House where it sits in their State Affairs committee. I am still hoping this passes and is signed into law.
2014-02-26: Recently an email was sent out by the university administration to all students, faculty, and staff. It was, as could be expected, very critical of the bill. I'm no lawyer, but I had some issues with the text of the message and respectfully disagree on a number of points. Excerpts from that email are below.
This bill permits those with certain permits to carry concealed weapons on campus except in residence halls and in public entertainment facilities with seating capacity of 1000 or more. Naturally, folks are focusing on this being about concealed weapons being allowed on campus. But under Idaho law, anyone with a concealed carry permit can also openly carry a weapon.