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ID H0694

Bill

Status

Passed

3/27/2018

Primary Sponsor

Appropriations Committee

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

  • Any unexpended and unencumbered balances appropriated from the Idaho Millennium Income Fund shall be reverted to that fund by June 30, 2019, or as soon thereafter as practicable.

  • The State Controller, at the request of the State Treasurer, shall transfer any remaining unexpended and unencumbered balance in the Idaho Millennium Income Fund to the Idaho Millennium Permanent Endowment Fund by June 30, 2019, or as soon thereafter as practicable.

  • These provisions override any conflicting provisions of law.

Legislative Description

Provides that certain unexpended and unencumbered moneys shall revert to the Idaho Millennium Income Fund at the end of fiscal year 2019; and provides that any remaining unexpended and unencumbered moneys in the Idaho Millennium Income Fund shall be transferred to the Idaho Millennium Permanent Endowment Fund at the end of fiscal year 2019.

APPROPRIATIONS

Last Action

Reported Signed by Governor on March 27, 2018 Session Law Chapter 304 Effective: 07/01/2018

3/27/2018

Committee Referrals

Finance3/19/2018

Full Bill Text

No bill text available