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H0873.....................................................by APPROPRIATIONS
APPROPRIATIONS - Directing the transfer of funds; creating the Incumbent
Worker Training Revolving Loan Fund; and appropriating an additional
$2,000,000 to the Department of Commerce and Labor for fiscal years 2007
and 2008 to assist businesses in training workers.
04/04 House intro - 1st rdg - to printing
Rpt prt - to 2nd rdg
04/05 2nd rdg - to 3rd rdg
Rls susp - PASSED - 55-10-5
AYES -- Anderson, Andrus, Barraclough, Bastian, Bedke, Bell, Bilbao,
Black, Block, Boe, Bolz, Brackett, Bradford, Chadderdon, Collins,
Deal, Denney, Edmunson, Ellsworth, Eskridge, Field(18), Field(23),
Garrett, Harwood, Henbest, Henderson, Jaquet, Kemp, LeFavour,
Loertscher, Martinez, Mathews, Miller, Mitchell, Moyle, Nielsen,
Nonini, Pasley-Stuart, Pence, Raybould, Ring, Ringo, Rusche, Rydalch,
Sayler, Shirley, Skippen, Smith(30), Smylie, Snodgrass, Stevenson,
Trail, Wills, Wood, Mr. Speaker
NAYS -- Barrett, Bayer, Crow, Hart, McGeachin, McKague, Sali,
Schaefer, Shepherd(8), Smith(24)
Absent and excused -- Cannon, Clark, Lake, Roberts, Shepherd(2)
Floor Sponsor - Skippen
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 - 23-12-0
AYES -- Andreason, Brandt, Broadsword, Burtenshaw, Cameron, Coiner,
Compton, Darrington, Davis, Gannon, Goedde, Jorgenson, Keough,
Langhorst, Little, Lodge, Marley, McGee, McKenzie, Schroeder,
Stegner, Sweet, Williams
NAYS -- Bunderson, Burkett, Corder, Fulcher, Geddes, Hill, Kelly,
Malepeai, Pearce, Richardson, Stennett, Werk
Absent and excused -- None
Floor Sponsor - Lodge
Title apvd - to House
04/07 To enrol - Rpt enrol - Sp signed
04/10 Pres signed - To Governor
04/12 Governor signed
Session Law Chapter 436
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. 873
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; CREATING THE INCUMBENT WORKER TRAINING
4 REVOLVING LOAN FUND; DIRECTING THE STATE CONTROLLER TO TRANSFER MONEYS
5 FROM THE ECONOMIC RECOVERY RESERVE FUND TO THE INCUMBENT WORKER TRAINING
6 REVOLVING LOAN FUND; AND APPROPRIATING ADDITIONAL MONEYS TO THE DEPARTMENT
7 OF COMMERCE 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 $2,000,000 from the General Fund to the
11 Economic Recovery Reserve Fund.
12 SECTION 2. There is hereby created in the state treasury the Incumbent
13 Worker Training Revolving Loan 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 $2,000,000 from the Economic Recovery Reserve Fund
17 to the Incumbent Worker Training Revolving Loan Fund.
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 $2,000,000 from the Incumbent Worker Training Revolving Loan Fund for the
21 period July 1, 2006, through June 30, 2008. Such loans shall be used to assist
22 businesses in training workers through financial assistance with tuition or
23 other expenses.
| Statement of Purpose |
| RS16336 |
This bill provides $2,000,000 from the Economic Recovery Reserve Fund to the Department of Commerce and Labor for the Incumbent Worker Training Revolving Loan Fund. This fund shall be used to provide revolving loans to assist businesses in training workers through financial assistance with tuition or other expenses.
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| Fiscal Note |
This is a fiscal year 2007 appropriation providing two million dollars ($2,000,000) from the Economic Recovery Reserve Fund to the Department of Commerce and Labor for a new Incumbent Worker Training 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. H873 |