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ID S1187

Bill

Official Source

Status

Passed

4/10/2015

Primary Sponsor

Finance Committee

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • Appropriates $46,335,000 to the Public Schools Educational Support Program/Division of Facilities for fiscal year 2016 from General Fund ($17,585,000), Bond Levy Equalization Fund ($11,500,000), and School District Building Account ($17,250,000)
  • Transfers necessary funds from the appropriation to the Bond Levy Equalization Fund to meet requirements of Idaho Code Section 33-906
  • Any shortfall in funding for Bond Levy Equalization requirements shall be included in year-end reconciliation for calculating funding under Idaho Code Section 33-1018
  • Limits revenue distributed to the General Fund to $7,900,000 for fiscal year 2016, notwithstanding Idaho Code Section 63-2520(b)(4)

Legislative Description

Appropriates $46,335,000 for the Public Schools Educational Support Program/Division of Facilities for fiscal year 2016; provides moneys for the Bond Levy Equalization Fund; and specifies the amount of revenue to be distributed to the General Fund.

APPROPRIATIONS

Last Action

Signed by Governor on 04/10/15 Session Law Chapter 323 Effective: 07/01/2015

4/10/2015

Committee Referrals

Judiciary and Rules3/31/2015

Full Bill Text

No bill text available