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ID S1141
Bill
Status
3/5/2013
Primary Sponsor
Finance Committee
Click for details
AI Summary
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Appropriates $3,289,100 to the State Treasurer for fiscal year 2014 (July 1, 2013 - June 30, 2014) from five funds: General Fund ($1,355,500), State Treasurer LGIP Fund ($492,100), Treasurer's Office Professional Services Fund ($519,700), Idaho Millennium Income Fund ($80,000), and Abandoned Property Trust Unclaimed Property Fund ($841,800).
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Authorizes the State Treasurer no more than 26 full-time equivalent positions during the fiscal year, with any increases requiring Governor approval and notification to the Joint Finance-Appropriations Committee.
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Reappropriates any unexpended and unencumbered balances from the State Treasurer LGIP Fund for fiscal year 2014 to be used for nonrecurring expenditures.
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Directs agency directors and the Division of Financial Management to prioritize using salary savings from turnover, attrition, and reorganization efforts to fund merit increases and target employees below policy compensation levels.
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Limits conference-related spending from the General Fund to no more than $10,000 and prohibits use of dedicated funds for conference activities unless allowed by Idaho Code; designates $435,900 specifically for bank service fees.
Legislative Description
Appropriates $3,289,100 to the State Treasurer for fiscal year 2014; limits the number of full-time equivalent positions to 26; provides for reappropriation authority for the LGIP Fund; provides guidance for employee compensation; provides for legislative intent regarding the use of funds spent on conference related activities; and provides legislative intent for the payment of bank service fees.
APPROPRIATIONS
Last Action
Recommitted to Finance
3/7/2013