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ID S1123
Bill
Status
4/9/2021
Primary Sponsor
Resources and Environment Committee
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AI Summary
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Designates the Lava Hot Springs Foundation Fund as continuously appropriated, ensuring all receipts and rents/royalties from foundation operations are available for foundation use without requiring annual appropriation.
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Makes the Lava Hot Springs account continuously appropriated for operation expenses when the property is not leased, including receipts from bathing facilities, pleasure resort, hospital, or sanitarium operations.
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Establishes the Lava Hot Springs Capital Improvement Account as continuously appropriated to fund acquisition, purchase, improvement, repair, furnishing, and equipment of Lava Hot Springs facilities and sites.
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Requires interest earnings from the Capital Improvement Account to be returned to the account and permits state treasurer investment of account funds per section 67-1210, Idaho Code.
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Includes technical corrections and clarifications to references in the Lava Hot Springs Foundation Act and related code sections.
Legislative Description
Amends existing law to provide that certain moneys regarding Lava Hot Springs are continuously appropriated.
LAVA HOT SPRINGS
Last Action
Session Law Chapter 169 Effective: 07/01/2021
4/9/2021