Loading chat...

ID H0724

Bill

Status

Passed

3/31/2022

Primary Sponsor

Appropriations Committee

Click for details

Origin

House of Representatives

2022 Regular Session

AI Summary

  • Appropriates $12,494,000 to the Public Employee Retirement System of Idaho (PERSI) for fiscal year 2023 (July 1, 2022 through June 30, 2023), divided between Retirement Administration ($11,368,200) and Portfolio Investment ($1,125,800)

  • Authorizes no more than 73.00 full-time equivalent positions for PERSI during fiscal year 2023, unless the Governor authorizes additional positions with prompt notification to the Joint Finance-Appropriations Committee

  • Designates moneys appropriated for Portfolio Investment Program as covering only administrative costs, while making perpetual appropriations for all other investment-related expenses through the Public Employee Retirement System Board

  • Declares an emergency and makes the act effective July 1, 2022

Legislative Description

Relates to the appropriation to the Public Employee Retirement System of Idaho for fiscal year 2023.

APPROPRIATIONS

Last Action

Reported Signed by Governor on March 25, 2022 Session Law Chapter 273 Effective: 07/01/2022

3/31/2022

Committee Referrals

Finance3/8/2022

Full Bill Text

No bill text available