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S1498............................................................by FINANCE
APPROPRIATIONS - Directing the transfer of funds; creating the Rural
Broadband Development Matching Fund; and appropriating an additional
$5,000,000 to the Department of Commerce and Labor for fiscal years 2007
and 2008 for rural broadband investment plans.
04/04 Senate intro - 1st rdg - to printing
Rpt prt - to Fin
Rpt out - rec d/p - to 2nd rdg
04/05 Rls susp - PASSED - 32-2-1
AYES -- Andreason, Brandt, Broadsword, Bunderson, Burkett,
Burtenshaw, Cameron, Coiner, Compton, Corder, Darrington, Davis,
Fulcher, Gannon, Geddes, Goedde, Hill, Jorgenson, Kelly, Keough,
Langhorst, Little, Malepeai, Marley, McGee, McKenzie, Richardson,
Schroeder, Stegner, Stennett, Werk, Williams
NAYS -- Pearce, Sweet
Absent and excused -- Lodge
Floor Sponsor - McGee
Title apvd - to House
04/05 House intro - 1st rdg - to 2nd rdg
04/06 2nd rdg - to 3rd rdg
Rls susp - PASSED - 55-10-5
AYES -- Anderson, Andrus, Barraclough, Bastian, Bedke, Bell, Bilbao,
Block, Boe, Bolz, Brackett, Bradford, Cannon, Chadderdon, Clark,
Collins, Deal, Denney, Edmunson, Ellsworth, Eskridge, Field(18),
Field(23), Garrett, Harwood, Henderson, Jaquet, Kemp, LeFavour,
Loertscher, Martinez, Mathews, McGeachin, Miller, Mitchell, Nielsen,
Pasley-Stuart, Pence, Raybould, Ring, Ringo, Rusche, Rydalch, Sayler,
Schaefer, Shepherd(8), Shirley, Skippen, Smith(30), Smylie,
Snodgrass, Stevenson, Trail, Wood, Mr. Speaker
NAYS -- Barrett, Bayer, Crow, Hart, Lake, McKague, Moyle, Nonini,
Sali, Smith(24)
Absent and excused -- Black, Henbest, Roberts, Shepherd(2), Wills
Floor Sponsor - Bolz
Title apvd - to Senate
04/06 To enrol - Rpt enrol - Pres signed - Sp signed
04/07 To Governor
04/12 Governor signed
Session Law Chapter 445
Effective: 07/01/06
]]]] LEGISLATURE OF THE STATE OF IDAHO ]]]]
Fifty-eighth Legislature Second Regular Session - 2006
IN THE SENATE
SENATE BILL NO. 1498
BY FINANCE COMMITTEE
1 AN ACT
2 DIRECTING THE STATE CONTROLLER TO TRANSFER MONEYS FROM THE GENERAL FUND TO THE
3 ECONOMIC RECOVERY RESERVE FUND; CREATING THE RURAL BROADBAND DEVELOPMENT
4 MATCHING FUND; DIRECTING THE STATE CONTROLLER TO TRANSFER MONEYS FROM THE
5 ECONOMIC RECOVERY RESERVE FUND TO THE RURAL BROADBAND DEVELOPMENT MATCHING
6 FUND; AND APPROPRIATING ADDITIONAL MONEYS TO THE DEPARTMENT OF COMMERCE
7 AND LABOR 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. There is hereby created in the state treasury the Rural
13 Broadband Development Matching Fund which shall retain its own interest earn-
14 ings.
15 SECTION 3. On July 1, 2006, or as soon thereafter as possible, the State
16 Controller shall transfer from the Economic Recovery Reserve Fund to the Rural
17 Broadband Development Matching Fund the sum of $5,000,000.
18 SECTION 4. In addition to any other appropriation provided by law, there
19 is hereby appropriated to the Idaho Department of Commerce and Labor
20 $5,000,000 from the Rural Broadband Development Matching Fund to be expended
21 for the period July 1, 2006, through June 30, 2008. Such fund shall be used to
22 make available matching funds, on a reimbursement basis, for rural broadband
23 investment plans, as defined by the Idaho Department of Commerce and Labor,
24 submitted to and approved by the Idaho Department of Commerce and Labor. The
25 maximum amount that may be expended on any given project shall not exceed
26 $1,000,000. The Idaho Department of Commerce and Labor shall promulgate rules
27 to implement the Rural Broadband Development Matching Fund.
| Statement of Purpose |
| RS16332 |
This is an FY 2007 appropriation of $5,000,000 in dedicated funds to the Department of Commerce and Labor for a new Rural Broadband Development Matching Fund. This new fund will be administered by the Department of Commerce and Labor and will be used to make available matching funds, on a reimbursement basis, for rural broadband investment plans, submitted to and approved by the Department.
.
 
| Fiscal Note |
This fiscal year 2007 appropriation provides $5,000,000 from the Economic Recovery Reserve Fund to the Department of Commerce and Labor for a new Rural Broadband Development Matching Fund.
Contact: Eric Milstead 334-4746
Legislative Services Office, Budget & Policy Analysis
| Statement of Purpose/Fiscal Note | Bill No. S1498 |