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H0874.....................................................by APPROPRIATIONS
APPROPRIATIONS - Directing the transfer of funds; and appropriating an
additional $5,000,000 to the Department of Commerce and Labor for fiscal
years 2007 and 2008 for short line rail or intermodal freight shipping
infrastructure.
04/04 House intro - 1st rdg - to printing
Rpt prt - to 2nd rdg
04/05 2nd rdg - to 3rd rdg
Rls susp - PASSED - 61-1-8
AYES -- Anderson, Andrus, Barraclough, Barrett, Bastian, Bayer,
Bedke, Bell, Bilbao, Black, Block, Boe, Bolz, Brackett, Bradford,
Chadderdon, Collins, Crow, Deal, Denney, Edmunson, Ellsworth,
Eskridge, Field(18), Field(23), Garrett, Hart, Harwood, Henderson,
Jaquet, Kemp, LeFavour, Loertscher, Martinez, Mathews, McGeachin,
McKague, Miller, Mitchell, Moyle, Nielsen, Nonini, Pasley-Stuart,
Pence, Raybould, Ring, Ringo, Rusche, Rydalch, Sayler, Schaefer,
Shepherd(8), Shirley, Skippen, Smith(30), Smylie, Stevenson, Trail,
Wills, Wood, Mr. Speaker
NAYS -- Sali
Absent and excused -- Cannon, Clark, Henbest, Lake, Roberts,
Shepherd(2), Smith(24), Snodgrass
Floor Sponsor - Bedke
Title apvd - to Senate
04/05 Senate intro - 1st rdg - to Fin
04/06 Rpt out - w/o rec - to 2nd rdg
Rls susp - PASSED - 25-7-3
AYES -- Andreason, Brandt, Broadsword, Bunderson, Burtenshaw,
Cameron, Coiner, Compton, Darrington, Davis, Gannon, Geddes, Goedde,
Jorgenson, Keough, Langhorst, Lodge, Marley, McGee, McKenzie,
Richardson, Schroeder, Stegner, Sweet, Williams
NAYS -- Burkett, Corder, Hill, Kelly, Malepeai, Pearce, Werk
Absent and excused -- Fulcher, Little, Stennett
Floor Sponsor - Cameron
Title apvd - to House
04/07 To enrol - Rpt enrol - Sp signed
04/10 Pres signed - To Governor
04/14 Governor signed
Session Law Chapter 459
Effective: 07/01/06
]]]] LEGISLATURE OF THE STATE OF IDAHO ]]]]
Fifty-eighth Legislature Second Regular Session - 2006
IN THE HOUSE OF REPRESENTATIVES
HOUSE BILL NO. 874
BY APPROPRIATIONS COMMITTEE
1 AN ACT
2 DIRECTING THE STATE CONTROLLER TO TRANSFER MONEYS FROM THE GENERAL FUND TO THE
3 ECONOMIC RECOVERY RESERVE FUND; DIRECTING THE STATE CONTROLLER TO TRANSFER
4 MONEYS FROM THE ECONOMIC RECOVERY RESERVE FUND TO THE RURAL ECONOMIC
5 DEVELOPMENT AND INTEGRATED FREIGHT TRANSPORTATION REVOLVING LOAN FUND; AND
6 APPROPRIATING ADDITIONAL MONEYS TO THE DEPARTMENT OF COMMERCE AND LABOR
7 FOR FISCAL YEAR 2007 THROUGH FISCAL YEAR 2008.
8 Be It Enacted by the Legislature of the State of Idaho:
9 SECTION 1. On July 1, 2006, or as soon thereafter as possible, the State
10 Controller shall transfer the sum of $5,000,000 from the General Fund to the
11 Economic Recovery Reserve Fund.
12 SECTION 2. On July 1, 2006, or as soon thereafter as possible, the State
13 Controller shall transfer $5,000,000 from the Economic Recovery Reserve Fund
14 to the Rural Economic Development and Integrated Freight Transportation
15 Revolving Loan Fund.
16 SECTION 3. In addition to any other appropriation provided by law, there
17 is hereby appropriated to the Idaho Department of Commerce and Labor
18 $5,000,000 from the Rural Economic Development and Integrated Freight Trans-
19 portation Revolving Loan Fund for the period July 1, 2006, through June 30,
20 2008. Such moneys shall be used for revolving loans to upgrade, expand, reha-
21 bilitate, purchase or modernize equipment and facilities for short line rail
22 or intermodal freight shipping infrastructure.
| Statement of Purpose |
| RS16335 |
This bill provides $5,000,000 from the Economic Recovery Reserve Fund to the Department of Commerce and Labor for the Rural Economic Development and Integrated Freight Transportation Revolving Loan fund. This fund shall be used to provide revolving loans to upgrade, expand, rehabilitate, purchase or modernize equipment and facilities for short line rail or intermodal freight shipping infrastructure.
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| Fiscal Note |
This is a fiscal year 2007 appropriation providing $5,000,000 in dedicated funds to the Department of Commerce and Labor for a new Rural Economic Development and Integrated Freight Transportation Revolving Loan Fund.
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Contact: Eric Milstead 334-4746
Legislative Services Office, Budget & Policy Analysis
| Statement of Purpose/Fiscal Note | Bill No. H874 |