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S1547............................................................by FINANCE
APPROPRIATIONS - Appropriating moneys from unexpended and unencumbered
balances for deposit into the State Trust for Outdoor Recreation
Enhancement and for Harriman State Park Nonexpendable Trust Fund.
03/12 Senate intro - 1st rdg - to printing
03/13 Rpt prt - to Fin
03/13 Rpt out - rec d/p - to 2nd rdg
03/16 2nd rdg - to 3rd rdg
03/16 Rls susp - PASSED - 34-1-0
AYES--Andreason, 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--Boatright
Absent and excused--None
Floor Sponsor - Parry
Title apvd - to House
03/17 House intro - 1st rdg - to 2nd rdg
03/18 2nd rdg - to 3rd rdg
03/18 Rls susp - PASSED - 64-0-6
AYES -- Alltus, Barraclough, Barrett, Bell, Bieter, Bivens,
Black(15), Black(23), Boe, Bruneel, Callister, Chase, Clark, Crow,
Cuddy, Deal, Denney, Ellsworth, Field(13), Field(20), Gagner, Geddes,
Gould, Hadley, Henbest, Hornbeck, Jaquet, Jones(22), Jones(20), Judd,
Kellogg, Kempton, Kendell, Kjellander, Kunz, Lake, Linford,
Loertscher, Mader, Marley, McKague, Meyer, Mortensen, Newcomb,
Pischner, Pomeroy, Reynolds, Richman, Ridinger, Robison, Sali,
Schaefer, Stevenson, Stoicheff, Stone, Stubbs, Taylor, Tilman, Trail,
Watson, Wheeler, Wood, Zimmermann, Mr Speaker
NAYS -- None
Absent and excused -- Campbell, Crane, Hansen, Jones(9), Miller,
Tippets
Floor Sponsor - Mader
Title apvd - to Senate
03/19 To enrol
03/20 Rpt enrol - Pres signed
03/23 Sp signed - to Governor
03/30 Governor VETOED
S1547|||| LEGISLATURE OF THE STATE OF IDAHO |||| Fifty-fourth Legislature Second Regular Session - 1998IN THE SENATE SENATE BILL NO. 1547 BY FINANCE COMMITTEE 1 AN ACT 2 EXPRESSING LEGISLATIVE INTENT WITH REGARD TO CERTAIN UNEXPENDED AND UNENCUM- 3 BERED BALANCES IN THE GENERAL FUND; AND APPROPRIATING MONEYS FROM UNEX- 4 PENDED AND UNENCUMBERED BALANCES FOR DEPOSIT INTO CERTAIN RECREATION TRUST 5 FUNDS. 6 Be It Enacted by the Legislature of the State of Idaho: 7 SECTION 1. It is legislative intent that any unexpended and unencumbered 8 balance in the General Fund on June 30, 1998, that exceeds $16,000,000 shall 9 be appropriated as follows in priority order, to the extent possible allowed 10 within such prescribed balance. 11 SECTION 2. There is hereby appropriated from the June 30, 1998, unex- 12 pended and unencumbered General Fund balance in excess of $16,000,000, the 13 following amounts to be transferred and deposited into the designated funds 14 listed below: 15 FOR: 16 State Trust For Outdoor Recreation Enhancement $2,000,000 17 Harriman State Park Nonexpendable Trust Fund 500,000 18 TOTAL $2,500,000
STATEMENT OF PURPOSE
RS08200
This bill is a contingency appropriation for the State Trust for Outdoor Recreation
Enhancement (STORE), and the Harriman Trust Fund, and would go into effect only
if state general fund revenue collections exceed the amount projected for this
current fiscal year.
Firstly, this Legislation would establish a badly needed source of funds for the State
Trust for Outdoor Recreation Enhancement (STORE). The 1995 Legislature created
the Interim Committee on Outdoor Recreation to examine the status and needs of
outdoor recreation and park facilities throughout the state, and the following year the
State Trust for Outdoor Recreation Enhancement (STORE) was authorized by the
Legislature to provide funds for matching grants from the interest earned on the trust
fund. The principal cannot be spent. However, past efforts to provide a source of
funds for the trust have been unsuccessful. There is no money in the trust fund at this
time.
This bill would provide that source of funds on a one-time basis to build up the
principal to the point that the interest earned could be awarded as matching grants to
critical park and recreation facility needs for local communities as well as school
districts throughout the state.
The Harriman State Park Trust fund would also receive $500,000 on a one-time
basis. The Department of Parks and Recreation was at the point last year of being
forced to spend a portion of the principal of the trust in order to support that park.
This bill would shore up that trust fund, protect the principal and ensure the future
of one of Idaho's flagship parks.
FISCAL IMPACT
Currently, we are expecting a surplus at the end of this fiscal year of $15,191,200
which we have committed to one-time funding needs in FY 1999. If, at the end of
this fiscal year, we have a larger surplus than we have budgeted for (rounded up to
$16.0 million), the first $2.0 million would be earmarked for the STORE trust fund,
and the next $.5 million would be earmarked for the Harriman Park Trust fund. This
is a one-time transfer only, which would take place at the end of this fiscal year, but
only if revenues come in higher than projections, and all authorized appropriations
are covered first. Any surplus beyond this $2.5 million would simply accrue to the
general fund as always.
Contact:
Senator Atwell Parry
334-4743
S 1547