1998 Legislation
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HOUSE BILL NO. 777 – Approp, Finance Dept

HOUSE BILL NO. 777

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Daily Data Tracking History



H0777.....................................................by APPROPRIATIONS
APPROPRIATIONS - DEPARTMENT OF FINANCE - Appropriates $3,004,100 to the
Department of Finance for fiscal year 1999; and limits the number of
full-time equivalent positions to 43.

02/26    House intro - 1st rdg - to printing
02/27    Rpt prt - to 2nd rdg
03/02    2nd rdg - to 3rd rdg
03/03    3rd rdg - PASSED - 62-0-8
      AYES -- Alltus, Barraclough, Barrett, Bell, Bieter, Bivens,
      Black(23), Boe, Bruneel, Callister, Campbell, Chase, Clark, Crow,
      Cuddy, 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, Sali, Stevenson, Stoicheff, Stone, Stubbs, Tilman, Trail,
      Watson, Wheeler, Wood, Zimmermann
      NAYS -- None
      Absent and excused -- Black(15), Crane, Deal, Robison, Schaefer,
      Taylor, Tippets, Mr Speaker
    Floor Sponsor - Pomeroy
    Title apvd - to Senate
03/04    Senate intro - 1st rdg - to Fin
03/10    Rpt out - rec d/p - to 2nd rdg
03/11    2nd rdg - to 3rd rdg
03/18    3rd rdg - PASSED - 29-1-5
      AYES--Andreason, Boatright, Branch, Bunderson, Burtenshaw, Cameron,
      Crow, Danielson, Darrington, Deide, Dunklin, Geddes, Ingram, Ipsen,
      Keough, King, Lee, Noh, Parry, Richardson, Riggs, Risch, Schroeder,
      Sorensen, Stennett, Sweeney, Thorne, Wheeler, Whitworth
      NAYS--Hawkins
      Absent and excused--Frasure, Hansen, McLaughlin, Sandy, Twiggs
    Floor Sponsor - Cameron
    Title apvd - to House
03/19    To enrol - rpt enrol - Sp signed
    Pres signed - to Governor
03/20    Governor signed
         Session Law Chapter 197
         Effective: 07/01/98

Bill Text


H0777


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

                             IN THE HOUSE OF REPRESENTATIVES

                                    HOUSE BILL NO. 777

                               BY APPROPRIATIONS COMMITTEE

 1                                        AN ACT
 2    APPROPRIATING MONEYS TO THE DEPARTMENT OF FINANCE FOR FISCAL  YEAR  1999;  AND
 3        LIMITING THE NUMBER OF FULL-TIME EQUIVALENT POSITIONS.

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

 5        SECTION  1.  There is hereby appropriated to the Department of Finance the
 6    following amount, to be expended according to the designated standard  classi-
 7    fications  from  the listed fund for the period July 1, 1998, through June 30,
 8    1999:
 9    FOR:
10    Personnel Costs                                                     $2,291,600
11    Operating Expenditures                                                 613,000
12    Capital Outlay                                              99,500 
13      TOTAL                                                             $3,004,100
14    FROM:
15    State Regulatory Fund                                               $3,004,100

16        SECTION 2.  In accordance with Section 67-3519, Idaho Code, the Department
17    of Finance is authorized no more than forty-three  (43)  full-time  equivalent
18    positions  at any point during the period July 1, 1998, through June 30, 1999,
19    for the program specified in Section 1 of this act, unless specifically autho-
20    rized by the Governor. The  Joint  Finance-Appropriations  Committee  will  be
21    notified promptly of any increased positions so authorized.

Statement of Purpose / Fiscal Impact



                                        STATEMENT OF PURPOSE

                                               HB 777

This is the fiscal year 1999 appropriation for the Department of Finance.

                                             FISCAL NOTE

                                       FTP        General     Ded/Other          Federal          Total
FY 1998 Total Appropriation          41.00              0      2,741,000               0      2,741,000
Base Adjustments                      0.00              0        (96,300)              0        (96,300)
FY 1999 Base                         41.00              0      2,644,700               0      2,644,700
Personnel Cost Rollups                0.00              0         11,000               0         11,000
Inflationary Adjustments              0.00              0         15,300               0         15,300
Replacement Items                     0.00              0         85,500               0         85,500
Employee Compensation (CEC)           0.00              0         94,400               0         94,400
FY 1999 Maintenance (MCO)            41.00              0      2,850,900               0      2,850,900
Enhancements:
Department of Finance
 1. Info Tech Support Funding         0.00              0          31,600              0         31,600
 2. Two Mortgage Examiners            2.00              0         121,600              0        121,600
FY 1999 Total Appropriation          43.00              0       3,004,100              0      3,004,100
Chg From Orig Approp.                 2.00              0         263,100              0        263,100
%Chg From Orig Approp.                4.9%            0.0%           9.6%            0.0%           9.6%



COMMENTS:

This is the fiscal year 1999 appropriation for the Department of Finance in the amount of
 $3,004,100.

The department is funded entirely with dedicated funds generated by regulating the
financial industry in Idaho.

Included in this appropriation is a 2.6% inflationary increase for operating expenses, 5%
 change in employee compensation (CEC) for merit based pay increases with an emphasis on
moving deserving employees to the policy pay level, and fully funded personnel cost
increases to cover higher employer-paid health insurance premiums.

Funding for two enhancements are included in this bill.  The first funds an information
technology support technician position.  The second authorizes and funds two new mortgage
 examiner/investigator positions to handle the workload created by the Residential
Mortgage Practices Act, which was enacted in 1996.

This appropriation also limits the department's number of full-time positions for FY
1999.

Contact:
Ross Borden
Legislative Services Office
Budget & Policy Analysis
Telephone:  334-474