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HOUSE BILL NO. 572

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Daily Data Tracking History

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H0572.....................................................by APPROPRIATIONS
BUDGET RESERVE FUND - Directing the State Controller to transfer $8,500,000
from the General Fund to the Budget Reserve Fund.

01/30    House intro - 1st rdg - to printing
02/02    Rpt prt - to 2nd rdg
02/03    2nd rdg - to 3rd rdg
02/04    3rd rdg - PASSED - 69-0-1
      AYES -- Alltus, Barraclough, Barrett, Bell, Bieter, Bivens,
      Black(15), Black(23), Boe, Bruneel, Callister, Campbell, Chase,
      Clark, Crane, Cuddy, Deal, Denney, Ellsworth, Field(13), Field(20),
      Gagner, Geddes, Gould, Hadley, Hansen, Henbest, Hornbeck, Jaquet,
      Jones(9), Jones(22), Jones(20), Judd, Kellogg, Kempton, Kendell,
      Kjellander, Kunz, Lake, Linford, Loertscher, Mader, Marley, McKague,
      Meyer, Miller, Mortensen, Newcomb, Pischner, Pomeroy, Reynolds,
      Richman, Ridinger, Robison, Sali, Schaefer, Stevenson, Stoicheff,
      Stone, Stubbs, Taylor, Tilman, Tippets, Trail, Watson, Wheeler, Wood,
      Zimmermann, Mr Speaker
      NAYS -- None
      Absent and excused -- Crow
    Floor Sponsor - Geddes
    Title apvd - to Senate
02/05    Senate intro - 1st rdg - to Fin
02/06    Rpt out - rec d/p - to 2nd rdg
02/09    2nd rdg - to 3rd rdg
02/12    3rd rdg - PASSED - 35-0-0
      AYES--Andreason, Boatright, Branch, Bunderson, Burtenshaw, Cameron,
      Crow, Danielson, Darrington, Deide, Dunklin, Frasure, Geddes, Hansen,
      Hawkins, Ingram, Ipsen, Keough, King, Lee, McLaughlin, Noh, Parry,
      Richardson, Riggs, Risch, Sandy, Schroeder, Sorensen, Stennett,
      Sweeney, Thorne, Twiggs, Wheeler, Whitworth
      NAYS--None
      Absent and excused--None
    Floor Sponsor - Parry
    Title apvd - to House
02/13    To enrol
02/16    Rpt enrol - Sp signed
02/17    Pres signed
02/18    To Governor
02/19    Governor signed
         Session Law Chapter 15
         Effective: 02/19/98

Bill Text

H0572


                                                                        
 ||||              LEGISLATURE OF THE STATE OF IDAHO             ||||
Fifty-fourth Legislature                 Second Regular Session - 1998
                                                                        

                             IN THE HOUSE OF REPRESENTATIVES

                                    HOUSE BILL NO. 572

                               BY APPROPRIATIONS COMMITTEE

 1                                        AN ACT
 2    RELATING TO THE BUDGET RESERVE FUND; DIRECTING THE STATE CONTROLLER TO  TRANS-
 3        FER MONEYS FROM THE GENERAL FUND TO THE BUDGET RESERVE FUND; AND DECLARING
 4        AN EMERGENCY.

 5    Be It Enacted by the Legislature of the State of Idaho:

 6        SECTION  1.  On  or  before  June 30, 1998, the State Controller is hereby
 7    directed to make a cash transfer of $8,500,000 from the General  Fund  to  the
 8    Budget Reserve Fund.

 9        SECTION  2.  An  emergency  existing  therefor,  which emergency is hereby
10    declared to exist, this act shall be in full force and effect on and after its
11    passage and approval.

Statement of Purpose / Fiscal Impact

    





                         STATEMENT OF PURPOSE
                               RS 07735
                                   
    
    This legislation transfers $8.5 million from the General Fund to the Budget Reserve Fund during 
    the current fiscal year. With this transfer the Budget Reserve Fund balance will be 
    $36,030,195.
    
                             [FISCAL NOTE
    
    The estimated General Fund balance at June 30, 1998, will be reduced from approximately 
    $25 million to $17 million. The FY 1998 year end balance will be carried-over to FY 1999 
    and be available for appropriation.
    
    Contact: Gordon Fisher
           Budget & Policy Analysis
           334-4738
    
    STATEMENT OF PURPOSE/FISCAL NOTE
    
    Bill No H 572