2006 Legislation
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SENATE BILL NO. 1464 – Approp, Finance Dept

SENATE BILL NO. 1464

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Bill Status



S1464............................................................by FINANCE
APPROPRIATIONS - DEPARTMENT OF FINANCE - Appropriates $4,734,300 to the
Department of Finance for fiscal year 2007; limits the number of full-time
equivalent positions to 51; directs the allocation of salary savings; and
provides legislative intent regarding spending authority relating to lease
increases.
                                                                        
03/22    Senate intro - 1st rdg - to printing
03/23    Rpt prt - to Fin
    Rpt out - rec d/p - to 2nd rdg
03/24    2nd rdg - to 3rd rdg
03/28    3rd rdg - PASSED - 35-0-0
      AYES -- Andreason, Brandt, Broadsword, Bunderson, Burkett(Clark),
      Burtenshaw, Cameron, Coiner, Compton, Corder, Darrington, Davis,
      Fulcher, Gannon, Geddes, Goedde, Hill, Jorgenson, Kelly, Keough,
      Langhorst, Little, Lodge, Malepeai, Marley, McGee, McKenzie, Pearce,
      Richardson, Schroeder, Stegner, Stennett, Sweet, Werk, Williams
      NAYS -- None
      Absent and excused -- None
    Floor Sponsor - Werk
    Title apvd - to House
03/29    House intro - 1st rdg - to 2nd rdg
03/30    2nd rdg - to 3rd rdg
    Rls susp - PASSED - 63-0-7
      AYES -- Anderson, Andrus, Barraclough, Barrett, Bastian, Bayer,
      Bedke, Bell, Bilbao, Black, Block, Boe, Bolz, Brackett, Bradford,
      Cannon, Chadderdon, Clark, Collins, Deal, Denney, Edmunson,
      Ellsworth, Eskridge, Field(18), Field(23), Garrett, Hart, Harwood,
      Henbest, Henderson, Jaquet, Lake, LeFavour, Loertscher, Martinez,
      Mathews, McKague, Miller, Mitchell, Moyle, Nielsen, Nonini,
      Pasley-Stuart, Pence, Raybould, Ringo, Roberts, Rusche, Rydalch,
      Sali, Sayler, Schaefer, Shepherd(2), Shepherd(8), Shirley, Skippen,
      Smith(30), Smith(24), Snodgrass, Trail, Wills, Wood
      NAYS -- None
      Absent and excused -- Crow, Kemp, McGeachin, Ring, Smylie, Stevenson,
      Mr. Speaker
    Floor Sponsor - Bayer
    Title apvd - to Senate
03/31    To enrol
04/03    Rpt enrol - Pres signed - Sp signed
04/04    To Governor
04/07    Governor signed
         Session Law Chapter 390
         Effective: 07/01/06

Bill Text


                                                                        
                                                                        
  ]]]]              LEGISLATURE OF THE STATE OF IDAHO             ]]]]
 Fifty-eighth Legislature                 Second Regular Session - 2006
                                                                        
                                                                        
                                       IN THE SENATE
                                                                        
                                    SENATE BILL NO. 1464
                                                                        
                                    BY FINANCE COMMITTEE
                                                                        
  1                                        AN ACT
  2    APPROPRIATING MONEYS TO THE DEPARTMENT OF FINANCE FOR FISCAL YEAR 2007; LIMIT-
  3        ING THE NUMBER OF FULL-TIME EQUIVALENT POSITIONS; DIRECTING THE ALLOCATION
  4        OF SALARY SAVINGS; AND PROVIDING LEGISLATIVE INTENT REGARDING THE SPENDING
  5        AUTHORITY RELATING TO LEASE INCREASES.
                                                                        
  6    Be It Enacted by the Legislature of the State of Idaho:
                                                                        
  7        SECTION 1.  There is hereby appropriated to the Department of Finance  the
  8    following  amounts  to be expended according to the designated expense classes
  9    from the listed funds for the period July 1, 2006, through June 30, 2007:
 10                             FOR          FOR            FOR
 11                          PERSONNEL    OPERATING       CAPITAL
 12                            COSTS     EXPENDITURES     OUTLAY      TOTAL
 13    FROM:
 14    State
 15     Regulatory
 16     Fund              $3,293,600      $1,258,700     $132,000    $4,684,300
 17    Securities
 18     Investor
 19     Education and
 20     Training Fund         50,000                                     50,000
 21      TOTAL            $3,343,600      $1,258,700     $132,000    $4,734,300
                                                                        
 22        SECTION 2.  In accordance with Section 67-3519, Idaho Code, the Department
 23    of Finance is authorized no more  than  fifty-one  (51)  full-time  equivalent
 24    positions  at any point during the period July 1, 2006, through June 30, 2007,
 25    for the program specified in Section 1 of this act, unless specifically autho-
 26    rized by the Governor. The  Joint  Finance-Appropriations  Committee  will  be
 27    notified promptly of any increased positions so authorized.
                                                                        
 28        SECTION 3. The Department of Finance is hereby directed to allocate salary
 29    savings,  based  on  performance,  to provide for employee salary needs before
 30    other operational budget priorities are considered. Where applicable,  employ-
 31    ees  whose  salaries are below the midpoint of their pay grade or occupational
 32    groups with significant turnover rates shall be considered first in the  order
 33    of salary savings distributions.
                                                                        
 34        SECTION 4.  It is legislative intent that if the spending authority autho-
 35    rized  for  a rental lease increase exceeds the actual costs associated with a
 36    new rental lease, the Department of Finance is directed  to  complete  a  base
 37    adjustment in their fiscal year 2008 budget request.

Statement of Purpose / Fiscal Impact


Statement of Purpose
RS15266C2

This is a fiscal year 2007 appropriation for the Department of Finance in the amount of $4,734,300.

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Fiscal Note
FTP  Gen  Ded  Fed  Total 


FY 2006 Original Appropriation 51.00  4,290,100  4,290,100 
HB 395 One-time 1% Salary Increase 0.00  24,700  24,700 
Omnibus CEC Supplemental 0.00  34,500  34,500 


FY 2006 Total Appropriation 51.00  4,349,300  4,349,300 
Removal of One-Time Expenditures 0.00  (219,600)  (219,600) 


FY 2007 Base 51.00  4,129,700  4,129,700 
Benefit Costs 0.00  (58,000)  (58,000) 
Inflationary Adjustments 0.00  8,100  8,100 
Replacement Items 0.00  113,500  113,500 
Statewide Cost Allocation 0.00  225,700  225,700 
Change in Employee Compensation 0.00 
Nondiscretionary Adjustments 0.00  48,500  48,500 


FY 2007 Program Maintenance 51.00  4,467,500  4,467,500 



Enhancements          
Department of Finance          
 1. Office Move 0.00  266,800  266,800 


FY 2007 Total 51.00  4,734,300  4,734,300 
Chg from FY 2006 Orig Approp 0.00  444,200  444,200 
% Chg from FY 2006 Orig Approp. 0.0%    10.4%    10.4% 

Contact: Amy Castro 334-4745

Legislative Services Office, Budget & Policy Analysis

Statement of Purpose/Fiscal Note Bill No. S1464