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H0384..........................................................by EDUCATION
HIGHER EDUCATION FACILITIES - MATCHING FUNDS - Adds to existing law
relating to higher education facilities to provide legislative intent; to
provide for the creation and operation of the Higher Education Facilities
Matching Fund; to require matching funds raised from nonstate sources; to
provide for the appropriation and use of the fund; and to provide for
rulemaking authority.
01/22 House intro - 1st rdg - to printing
01/23 Rpt prt - to Educ
02/15 Rpt out - rec d/p - to 2nd rdg
02/18 2nd rdg - to 3rd rdg
02/20 3rd rdg - PASSED - 65-1-4
AYES -- Anderson, Andrus, Bayer, Bell, Bilbao, Black, Block, Bock,
Boe, Bolz, Bowers, Bradford, Chadderdon, Chavez, Chew, Clark,
Collins, Crane, Durst, Eskridge, Hagedorn, Hart, Harwood,
Henbest(Burgoyne), Henderson, Jaquet, Killen, King, Kren, Labrador,
Lake, LeFavour, Loertscher, Luker, Marriott, Mathews, McGeachin,
Mortimer, Moyle, Nielsen, Nonini, Pasley-Stuart, Pence, Raybould,
Ringo, Ruchti, Rusche, Sayler, Schaefer, Shepherd(02), Shepherd(08),
Shirley, Shively, Smith(24), Smith(30)(Stanek), Snodgrass, Stevenson,
Thayn, Thomas, Trail, Vander Woude, Wills, Wood(27), Wood(35), Mr.
Speaker
NAYS -- Barrett
Absent and excused -- Bedke, Brackett, Patrick, Roberts
Floor Sponsor - Shirley
Title apvd - to Senate
02/21 Senate intro - 1st rdg - to Educ
03/04 Rpt out - rec d/p - to 2nd rdg
03/05 2nd rdg - to 3rd rdg
03/06 3rd rdg - FAILED - 7-25-3
AYES -- Andreason, Darrington, Goedde, Jorgenson, Langhorst, Little,
Stegner
NAYS -- Bair, Bastian, Bilyeu, Cameron, Coiner, Corder, Davis,
Fulcher, Geddes, Hammond, Heinrich, Hill, Kelly, Keough, Lodge,
Malepeai(Sagness), McGee, McKague, McKenzie, Pearce, Richardson,
Schroeder, Siddoway, Stennett, Werk
Absent and excused -- Broadsword, Burkett, Gannon
Floor Sponsor - Jorgenson
Held for reconsideration
Motion to reconsider FAILED
Ret'd to House
Filed in Office of the Chief Clerk
]]]] LEGISLATURE OF THE STATE OF IDAHO ]]]] Fifty-ninth Legislature Second Regular Session - 2008IN THE HOUSE OF REPRESENTATIVES HOUSE BILL NO. 384 BY EDUCATION COMMITTEE 1 AN ACT 2 RELATING TO HIGHER EDUCATION FACILITIES; AMENDING TITLE 57, IDAHO CODE, BY THE 3 ADDITION OF A NEW CHAPTER 10, TITLE 57, IDAHO CODE, TO PROVIDE A SHORT 4 TITLE, TO PROVIDE LEGISLATIVE INTENT, TO PROVIDE FOR THE CREATION AND 5 OPERATION OF THE HIGHER EDUCATION FACILITIES MATCHING FUND, TO REQUIRE 6 CERTAIN MATCHING FUNDS BE RAISED FROM NONSTATE SOURCES, TO PROVIDE FOR THE 7 APPROPRIATION AND USE OF THE FUND AND TO PROVIDE FOR RULEMAKING AUTHORITY; 8 PROVIDING SEVERABILITY; AND DECLARING AN EMERGENCY. 9 Be It Enacted by the Legislature of the State of Idaho: 10 SECTION 1. That Title 57, Idaho Code, be, and the same is hereby amended 11 by the addition thereto of a NEW CHAPTER, to be known and designated as Chap- 12 ter 10, Title 57, Idaho Code, and to read as follows: 13 CHAPTER 10 14 HIGHER EDUCATION FACILITIES MATCHING FUND 15 57-1001. SHORT TITLE. This act shall be known and cited as the "Higher 16 Education Facilities Matching Fund Act." 17 57-1002. LEGISLATIVE INTENT. The legislature recognizes that public 18 higher education institutions require facilities that are appropriate to meet 19 the needs of students, faculty and staff. Often, in addition to state funding 20 sources, it is possible for public higher education institutions to obtain 21 funds for facilities from additional sources, such as private individuals, 22 businesses, foundations and other nonstate, public funding sources. As a 23 result, the legislature finds and declares that the interests of the public 24 can often be served by encouraging funding partnerships between the state and 25 other funding sources for the construction and renovation of public higher 26 education facilities. 27 57-1003. HIGHER EDUCATION FACILITIES MATCHING FUND. There is hereby cre- 28 ated in the state treasury a fund to be known as the higher education facili- 29 ties matching fund. Moneys in the fund shall be comprised of appropriations, 30 donations, contributions, gifts or grants from any source for purposes consis- 31 tent with the provisions of this chapter. The state treasurer shall invest 32 idle moneys in the fund, and the interest earned on such investments shall be 33 retained in the fund. 34 57-1004. MATCHING FUNDS REQUIRED. Prior to the transfer of any moneys 35 from the higher education facilities matching fund to individual projects, the 36 sponsoring institution shall provide appropriate certification that an amount 37 equivalent to fifty percent (50%) of the total cost of the project has been 38 raised from other nonstate sources and has been deposited in the financial 39 accounts of the institution to be applied to the costs of the project. 2 1 57-1005. APPROPRIATION OF FUND -- USE. (1) All unencumbered and otherwise 2 unappropriated moneys now or hereafter placed in the fund are hereby perpetu- 3 ally appropriated to the permanent building fund advisory council and the 4 division of public works subject to the provisions of this chapter and chapter 5 57, title 67, Idaho Code. 6 (2) All moneys deposited into the fund shall be dedicated for the purpose 7 of building needed structures, renovations and remodeling of existing struc- 8 tures at Idaho's public institutions of higher education. 9 57-1006. RULES. Rules governing the use of moneys deposited into the 10 higher education facilities matching fund shall be promulgated by the perma- 11 nent building fund advisory council, as created in section 67-5710, Idaho 12 Code, in consultation with the state board of education and the board of 13 regents of the university of Idaho, including rules establishing a means for 14 institutions to apply for moneys from the fund and rules governing priorities 15 for use of fund moneys. 16 SECTION 2. SEVERABILITY. The provisions of this act are hereby declared 17 to be severable and if any provision of this act or the application of such 18 provision to any person or circumstance is declared invalid for any reason, 19 such declaration shall not affect the validity of the remaining portions of 20 this act. 21 SECTION 3. An emergency existing therefor, which emergency is hereby 22 declared to exist, this act shall be in full force and effect on and after its 23 passage and approval.
STATEMENT OF PURPOSE
RS 17364
The purpose of this legislation is to promote private giving for
construction of higher education facilities in Idaho by
providing for matching funds from the legislature.
FISCAL NOTE
The bill contemplates no adverse fiscal impact in that there is
no requirement for legislative appropriation. When the
legislature is able to appropriate funds, the overall fiscal
impact is positive in that it will result in any state
appropriated funds being leveraged 100% by private donations for
use in constructing higher education facilities in Idaho.
CONTACT
Name: Marty Peterson
Agency: Office of the State Board of Education
Phone: 364-4033
STATEMENT OF PURPOSE/FISCAL NOTE H 384