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H0397......................................................by STATE AFFAIRS BONDED INDEBTEDNESS - STATE - Adds to existing law to provide a limitation on the authorization of bonded indebtedness by the state. 03/31 House intro - 1st rdg - to printing 04/01 Rpt prt - to St Aff 04/03 Rpt out - rec d/p - to 2nd rdg 04/04 2nd rdg - to 3rd rdg 04/30 3rd rdg - PASSED - 63-6-1 AYES -- Barraclough(Schanz), Barrett, Bauer, Bell, Black, Block, Boe, Bolz, Bradford, Campbell, Cannon, Clark, Collins, Crow, Cuddy, Deal, Denney, Douglas, Eberle, Edmunson, Ellsworth, Eskridge, Field(18), Field(23), Gagner, Garrett, Harwood, Henbest, Jaquet, Jones, Kellogg, Kulczyk, Lake, Martinez(Echohawk), McGeachin, McKague, Meyer, Miller, Mitchell, Moyle, Naccarato, Nielsen, Raybould, Ring, Ringo, Roberts, Robison, Rydalch, Sali, Sayler, Shepherd(Buell), Shirley, Skippen, Smith(30), Smith(24), Smylie, Snodgrass, Stevenson, Tilman, Trail, Wills, Wood, Mr. Speaker NAYS -- Andersen(Guyon), Bedke, Bieter, Langford, Langhorst, Schaefer Absent and excused -- Ridinger Floor Sponsor - Gagner Title apvd - to Senate 04/30 Senate intro - 1st rdg - to St Aff 05/01 Rpt out - rec d/p - to 2nd rdg 05/02 2nd rdg - to 3rd rdg 05/03 3rd rdg - PASSED - 31-3-1 AYES -- Andreason, Bailey, Bunderson, Burkett, Burtenshaw, Cameron, Compton, Darrington, Gannon, Geddes, Goedde, Hill, Ingram, Kennedy, Keough, Little, Lodge, Malepeai, Marley, McKenzie, McWilliams, Noble, Noh, Richardson, Schroeder, Sorensen, Stegner, Stennett, Sweet, Werk, Williams NAYS -- Brandt, Calabretta, Pearce(Banner) Absent and excused -- Davis Floor Sponsor - Little Title apvd - to House 05/03 To enrol - Rpt enrol - Sp signed - Pres signed 05/05 To Governor 05/12 Governor VETOED
|||| LEGISLATURE OF THE STATE OF IDAHO |||| Fifty-seventh Legislature First Regular Session - 2003IN THE HOUSE OF REPRESENTATIVES HOUSE BILL NO. 397 BY STATE AFFAIRS COMMITTEE 1 AN ACT 2 RELATING TO THE ISSUANCE OF BONDED INDEBTEDNESS; AMENDING CHAPTER 5, TITLE 67, 3 IDAHO CODE, BY THE ADDITION OF A NEW SECTION 67-515, IDAHO CODE, TO PRO- 4 VIDE FOR A LIMITATION ON THE AUTHORIZATION OF BONDED INDEBTEDNESS. 5 Be It Enacted by the Legislature of the State of Idaho: 6 SECTION 1. That Chapter 5, Title 67, Idaho Code, be, and the same is 7 hereby amended by the addition thereto of a NEW SECTION, to be known and des- 8 ignated as Section 67-515, Idaho Code, and to read as follows: 9 67-515. AUTHORIZATION FOR BONDED INDEBTEDNESS LIMITED. Notwithstanding 10 any other provision of the law to the contrary, the state shall not authorize 11 the issuance of any additional bonded indebtedness to be repaid from the state 12 permanent building fund beyond that which has been authorized by the legisla- 13 ture prior to June 30, 2003.
STATEMENT OF PURPOSE RS13244 The purpose of this legislation is to ensure that, following June 30, 2003, the Legislature shall not authorize the issuance of any additional bonded indebtedness to be repaid from the state permanent building fund beyond that which has been authorized by the legislature prior to June 30, 2003. FISCAL IMPACT There is no negative fiscal impact on the General Funds or on the Permanent Building Fund. Contact Name: Rep. Bill Deal Rep. Wayne Meyer Rep. Lee Gagner Phone: 208/332-1000 STATEMENT OF PURPOSE/FISCAL NOTE H 397