H0329.....................................................by APPROPRIATIONS APPROPRIATIONS - Appropriates an additional $10,000,000 to the State Board of Education for scholarships and grants for fiscal year 2008; appropriates an additional $1,925,000 to the State Board of Education for Special Programs for scholarships and grants for fiscal year 2008; provides legislative intent regarding the Idaho Opportunity Scholarship; appropriates $75,000 to the Office of the State Board of Education; and provides legislative intent regarding start-up and implementation of the Idaho Opportunity Scholarship. 03/22 House intro - 1st rdg - to printing 03/23 Rpt prt - to 2nd rdg 03/26 2nd rdg - to 3rd rdg Rls susp - PASSED - 59-9-2 AYES -- Andrus, Bedke, Bell, Bilbao, Black, Block, Bock, Boe, Bolz, Brackett, Bradford, Chadderdon, Chavez, Chew, Clark, Collins, Crane, Durst, Edmunson, Eskridge, Henbest, Henderson, Jaquet, Killen, King, Kren, Labrador, LeFavour, Luker, Marriott, Mathews, Mortimer, Moyle, Nielsen, Nonini, Pasley-Stuart, Patrick, Pence, Raybould, Ring, Ringo, Roberts, Ruchti, Rusche, Sayler, Schaefer, Shepherd(2), Shirley, Shively, Smith(30), Smith(24), Snodgrass, Stevenson, Thayn, Trail, Wills, Wood(27), Wood(35), Mr. Speaker NAYS -- Barrett, Bayer, Hart, Harwood, Lake, Loertscher, McGeachin, Shepherd(8), Vander Woude Absent and excused -- Anderson, Hagedorn Floor Sponsor - Bolz Title apvd - to Senate 03/26 Senate intro - 1st rdg - to Fin 03/27 Rpt out - rec d/p - to 2nd rdg Rls susp - PASSED - 26-7-2 AYES -- Andreason, Bastian, Bilyeu, Broadsword, Burkett(Cronin), Cameron, Coiner, Corder, Darrington, Davis, Gannon, Geddes, Goedde, Hammond, Heinrich, Hill, Kelly, Langhorst, Little, Lodge, Malepeai, McGee, Richardson, Schroeder, Stennett, Werk(Douglas) NAYS -- Bair, Fulcher, Jorgenson, Keough, McKague, Siddoway, Stegner Absent and excused -- McKenzie, Pearce Floor Sponsor - Hammond Title apvd - to House 03/27 To enrol - Rpt enrol - Sp signed 03/28 Pres signed - To Governor 04/02 Governor signed Session Law Chapter 348 Effective: 07/01/07
]]]] LEGISLATURE OF THE STATE OF IDAHO ]]]] Fifty-ninth Legislature First Regular Session - 2007 IN THE HOUSE OF REPRESENTATIVES HOUSE BILL NO. 329 BY APPROPRIATIONS COMMITTEE 1 AN ACT 2 APPROPRIATING ADDITIONAL ONE-TIME MONEYS TO THE STATE BOARD OF EDUCATION FOR 3 SPECIAL PROGRAMS FOR FISCAL YEAR 2008; APPROPRIATING ADDITIONAL ONGOING 4 MONEYS TO THE STATE BOARD OF EDUCATION FOR SPECIAL PROGRAMS FOR FISCAL 5 YEAR 2008; PROVIDING FOR THE USE OF FUNDS; APPROPRIATING ADDITIONAL MONEYS 6 FOR THE OFFICE OF THE STATE BOARD OF EDUCATION FOR FISCAL YEAR 2008; AND 7 EXPRESSING LEGISLATIVE INTENT REGARDING USE OF FUNDS. 8 Be It Enacted by the Legislature of the State of Idaho: 9 SECTION 1. In addition to any other appropriation provided by law, there 10 is hereby appropriated to the State Board of Education for Special Programs 11 for Scholarships and Grants, $10,000,000, one-time, for trustee and benefit 12 payments from the General Fund for the period July 1, 2007, through June 30, 13 2008. These moneys shall be deposited into the Opportunity Scholarship Program 14 Account as established in House Bill No. 217, as enacted by the First Regular 15 Session of the Fifty-ninth Idaho Legislature, for the purpose of creating the 16 corpus of said account. Earnings therefrom shall be distributed annually as 17 prescribed by law and subject to the conditions set forth in Section 3 of this 18 act. 19 SECTION 2. In addition to any other appropriation provided by law, there 20 is hereby appropriated to the State Board of Education for Special Programs 21 for Scholarships and Grants, $1,925,000, ongoing, for trustee and benefit pay- 22 ments from the General Fund for the period July 1, 2007, through June 30, 23 2008. These moneys shall be used for the Idaho Opportunity Scholarship subject 24 to the conditions set forth in Section 3 of this act. 25 SECTION 3. When awarding the Idaho Opportunity Scholarship, the State 26 Board of Education shall give first priority to all eligible students attend- 27 ing eligible public postsecondary institutions. Any remaining scholarship 28 funds may be made available to other eligible students attending eligible pri- 29 vate, not-for-profit, postsecondary institutions. 30 SECTION 4. In addition to any other appropriation provided by law, there 31 is hereby appropriated to the Office of the State Board of Education the fol- 32 lowing amount to be expended according to the designated expense classes from 33 the listed fund for the period July 1, 2007, through June 30, 2008: 34 FOR: 35 Personnel Costs $20,000 36 Operating Expenditures 55,000 37 TOTAL $75,000 38 FROM: 39 General Fund $75,000 40 SECTION 5. It is legislative intent that the moneys appropriated in Sec- 2 1 tion 4 of this act may be used by the Office of the State Board of Education 2 for administrative costs related to the start-up and implementation of the 3 Idaho Opportunity Scholarship.
|Statement of Purpose|
This is a fiscal year 2008 trailer appropriation bill to H217 to provide funding for the Idaho Opportunity Scholarship.
The fiscal impact to the General Fund is as follows:
Scholarship Corpus: $10,000,000 (one-time)
Scholarships: $1,925,000 (ongoing)
Administrative Costs: $75,000 (ongoing)
Contact: Matt Freeman 334-4740
Legislative Services Office, Budget & Policy Analysis
|Statement of Purpose/Fiscal Note||Bill No. H329|