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ID H0601
Bill
Status
3/28/2016
Primary Sponsor
Appropriations Committee
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AI Summary
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Appropriates $4,035,800 to the State Treasurer for fiscal year 2017 (July 1, 2016 – June 30, 2017) across five funds: General Fund ($1,405,600), State Treasurer LGIP Fund ($324,400), Professional Services Fund ($1,171,200), Idaho Millennium Income Fund ($80,000), and Abandoned Property Trust Fund ($1,054,600)
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Limits the State Treasurer to 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 Local Government Investment Pool Fund appropriated in fiscal year 2016 for nonrecurring expenditures in fiscal year 2017
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Limits conference-related activities spending to $10,000 total from any fund source or combination thereof, including sponsorships, in-kind donations, and information booths
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Designates $435,900 from the General Fund and $192,400 from the Professional Services Fund solely for bank service fees, and requires the State Treasurer to report by September 1, 2016 on efforts to reduce or eliminate these fees through competitive bidding and other means
Legislative Description
Appropriates $4,035,800 to the State Treasurer for fiscal year 2017; limits the number of authorized full-time equivalent positions to 26; provides for reappropriation authority for the LGIP Fund; provides legislative intent regarding conference-related activities; provides legislative intent regarding payment of bank service fees; and provides legislative intent regarding mitigation of bank service fees.
APPROPRIATIONS
Last Action
Reported Signed by Governor on March 28, 2016 Session Law Chapter 256 Effective: 07/01/2016
3/28/2016