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H0427.....................................................by APPROPRIATIONS APPROPRIATIONS - Appropriates an additional $80,000 to the State Treasurer for fiscal year 2003 for expenses relating to the initial purchase of Idaho commemorative silver medallions and startup costs relating to sale of the medallions to the public for fiscal year 2003; appropriates an additional $30,000 to the State Treasurer for operating expenditures for fiscal years 2003 and 2004; and directing the State Treasurer to repay the General Fund by the end of fiscal year 2004. 04/25 House intro - 1st rdg - to printing 04/28 Rpt prt - to 2nd rdg 04/29 2nd rdg - to 3rd rdg 05/01 Ret'd to Approp
|||| LEGISLATURE OF THE STATE OF IDAHO |||| Fifty-seventh Legislature First Regular Session - 2003IN THE HOUSE OF REPRESENTATIVES HOUSE BILL NO. 427 BY APPROPRIATIONS COMMITTEE 1 AN ACT 2 APPROPRIATING ADDITIONAL MONEYS TO THE STATE TREASURER FOR FISCAL YEAR 2003; 3 APPROPRIATING ADDITIONAL MONEYS TO THE STATE TREASURER FOR FISCAL YEAR 4 2003 AND 2004; DIRECTING THE STATE TREASURER TO REPAY THE GENERAL FUND; 5 AND DECLARING AN EMERGENCY. 6 Be It Enacted by the Legislature of the State of Idaho: 7 SECTION 1. In addition to the appropriation made in Section 1, Chapter 8 196, Laws of 2002, there is hereby appropriated to the State Treasurer $80,000 9 for operating expenditures from the General Fund for the period July 1, 2002, 10 through June 30, 2003. These moneys shall be used for expenses relating to the 11 initial purchase of commemorative silver medallions and startup costs relating 12 to sale of the medallions to the public, as authorized in section 67-1223, 13 Idaho Code. 14 SECTION 2. In addition to the appropriation made in Section 1, Chapter 15 196, Laws of 2002, there is hereby appropriated to the State Treasurer $30,000 16 for operating expenditures from the Miscellaneous Revenue Fund for the period 17 July 1, 2002, through June 30, 2004. 18 SECTION 3. The State Treasurer shall transfer to the General Fund moneys 19 sufficient to repay the moneys appropriated in Section 1 of this act from rev- 20 enues generated from the sale of medallions as provided in section 67-1223(2), 21 Idaho Code. Such repayment shall occur on or before June 30, 2004. 22 SECTION 4. An emergency existing therefor, which emergency is hereby 23 declared to exist, this act shall be in full force and effect on and after its 24 passage and approval.
Statement of Purpose |
RS13299C1 |
This is a trailer appropriation bill to H415 which authorizes the issuance of a series of Idaho Commemorative Silver Medallions. Section 1 of this bill would provide $80,000 in one-time General Funds to the Treasurer’s Office for the initial purchase of 10,000 medallions and startup costs relating to the sale of the medallions to the public. Section 2 provides the Treasurer’s Office $30,000 in dedicated fund spending authority. Finally, Section 3 directs the Treasurer to repay the General Fund from revenues generated from the sale of the medallions.
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Fiscal Note |
Fiscal impact to the General Fund is $80,000.
Contact: Matt Freeman 334-4740
Legislative Services Office, Budget & Policy Analysis
Statement of Purpose/Fiscal Note | Bill No. H427 |