1999 Legislation
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HOUSE BILL NO. 344 – Approp, Endowment Fund Bd

HOUSE BILL NO. 344

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Daily Data Tracking History



H0344.....................................................by APPROPRIATIONS
APPROPRIATIONS - ENDOWMENT FUND INVESTMENT BOARD - Appropriates $586,100 to
the Office of the Governor for the Endowment Fund Investment Board for
fiscal year 2000; and limits the number of full-time equivalent positions
to 5.5.

03/04    House intro - 1st rdg - to printing
03/05    Rpt prt - to 2nd rdg
03/08    2nd rdg - to 3rd rdg
03/09    3rd rdg - PASSED - 66-2-2
      AYES -- Barraclough(Barraclough), Barrett, Bell, Bieter, Black, Boe,
      Bruneel, Callister, Campbell, Chase, Clark, Crow, Cuddy, Deal,
      Denney, Ellsworth, Field(13), Field(20), Gagner, Geddes, Gould,
      Hadley, Hammond, Hansen(23), Hansen(29), Henbest, Hornbeck, Jaquet,
      Jones, Judd, Kellogg, Kempton, Kendell, Kunz, Lake, Limbaugh,
      Linford, Loertscher, Mader, Marley, McKague, Meyer, Montgomery,
      Mortensen, Moyle, Pischner, Pomeroy, Reynolds, Ridinger, Ringo,
      Robison, Sali, Schaefer, Sellman, Smith, Smylie, Stevenson, Stone,
      Taylor, Tilman, Trail, Watson, Wheeler, Williams, Zimmermann,
      Mr Speaker
      NAYS -- Alltus, Stoicheff
      Absent and excused -- Tippets, Wood
    Floor Sponsor - Hansen(23)
    Title apvd - to Senate
03/10    Senate intro - 1st rdg - to Fin
03/11    Rpt out - rec d/p - to 2nd rdg
03/12    2nd rdg - to 3rd rdg
03/16    3rd rdg - PASSED - 34-0-1
      AYES--Andreason, Boatright, Branch, Bunderson, Burtenshaw, Cameron,
      Crow, Danielson, Darrington, Davis, Deide, Dunklin, Frasure, Geddes,
      Hawkins, Ingram, Ipsen, Keough, King, Lee, McLaughlin, Noh,
      Richardson, Riggs, Risch, Sandy, Schroeder, Sorensen, Stegner,
      Stennett, Thorne, Twiggs, Wheeler, Whitworth
      NAYS--None
      Absent and excused--Parry
    Floor Sponsor - Hawkins
    Title apvd - to House
03/17    To enrol
03/18    Rpt enrol - Sp signed - Pres signed
03/19    To Governor
03/23    Governor signed
         Session Law Chapter 239
         Effective: 07/01/99

Bill Text


H0344


                                                                        
 ||||              LEGISLATURE OF THE STATE OF IDAHO             ||||
Fifty-fifth Legislature                   First Regular Session - 1999
                                                                        

                             IN THE HOUSE OF REPRESENTATIVES

                                    HOUSE BILL NO. 344

                               BY APPROPRIATIONS COMMITTEE

 1                                        AN ACT
 2    APPROPRIATING MONEYS FOR THE ENDOWMENT FUND INVESTMENT BOARD FOR  FISCAL  YEAR
 3        2000; AND 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 Office of the Governor for
 6    the  Endowment  Fund  Investment  Board  the following amounts, to be expended
 7    according to the designated expense classes from  the  listed  funds  for  the
 8    period July 1, 1999, through June 30, 2000:
 9                           FOR            FOR            FOR
10                        PERSONNEL      OPERATING       CAPITAL
11                          COSTS       EXPENDITURES     OUTLAY      TOTAL
12    ENDOWMENT FUND INVESTMENT BOARD:
13    FROM:
14    General Fund        $243,000        $147,400       $2,000     $392,400
15    Miscellaneous
16     Revenue Fund         129,200    63,500   1,000   193,700 
17      TOTAL             $372,200        $210,900       $3,000     $586,100

18        SECTION  2.  In accordance with Section 67-3519, Idaho Code, the Endowment
19    Fund Investment Board is authorized no more than five  and  five-tenths  (5.5)
20    full-time  equivalent  positions  at any point during the period July 1, 1999,
21    through June 30, 2000, for the program specified in Section  1  of  this  act,
22    unless   specifically   authorized   by   the  Governor.  The  Joint  Finance-
23    Appropriations Committee will be notified promptly of any increased  positions
24    so authorized.

Statement of Purpose / Fiscal Impact



                                        STATEMENT OF PURPOSE

                                               HB 344

This is the fiscal year 2000 appropriation for the Endowment Fund Investment Board, in
the Office of the Governor, in the amount of $586,100.






                                             FISCAL NOTE

                                                FTP      General     Ded/Other     Federal       Total
FY 1999 Original Approp.              5.00        332,000        176,300               0        508,300
Base Adjustments                      0.00         (2,200)        (1,200)              0         (3,400)
FY 2000 Base                          5.00        329,800        175,100               0        504,900
Personnel Cost Rollups                0.00              0              0               0              0
Inflationary Adjustments              0.00              0              0               0              0
Replacement Items                     0.00          2,000          1,000               0          3,000
Non-Standard Adjustments              0.00            300            200               0            500
Employee Compensation (CEC)           0.00          6,200          3,200               0          9,400
Fund Shifts                           0.00          9,200         (9,200)              0              0
FY 2000 Maintenance (MCO)             5.00        347,500        170,300               0        517,800
Enhancements:
Endowment Fund Investment Board
 1. Part-time Account                 0.50         12,300           6,000              0         18,300
 Technician
 2. Computer Software                 0.00         32,600          17,400              0         50,000
FY 2000 Total Appropriation           5.50        392,400        193,700               0        586,100
Chg From Orig Approp.                 0.50         60,400         17,400               0         77,800
%Chg From Orig Approp.               10.0%          18.2%            9.9%           0.0%           15.3%

The maintenance area includes funding for replacement items, State Controller fees,  3%
Change in Employee Compensation, and a fund shift to account for the proportionate share
of assets invested by the Board for the permanent endowments and the State Insurance
Fund.  The enhancements include funding for a part-time account technician and one-time
accounting software.



Contact:        Ray Houston  334-4741
                Legislative Services Office
                Budget & Policy Analysis