2008 Legislation
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SENATE BILL NO. 1503<br /> – Approp, State Treasurer

SENATE BILL NO. 1503

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Bill Status



S1503............................................................by FINANCE
APPROPRIATIONS - STATE TREASURER - Appropriates $2,385,800 to the State
Treasurer for fiscal year 2009; provides that moneys assessed for State
Treasurer banking services be placed in the Indirect Cost Recovery Fund and
provides for transfers of moneys from the fund; reappropriates certain
unexpended and unencumbered balances of moneys; limits the number of
full-time equivalent positions to 18; and directs that a specified amount
be used for payment of bank service fees.

03/13    Senate intro - 1st rdg - to printing
03/14    Rpt prt - to Fin
    Rpt out - rec d/p - to 2nd rdg
03/17    2nd rdg - to 3rd rdg
03/19    3rd rdg - PASSED - 34-0-1
      AYES -- Andreason, Bair, Bastian, Bilyeu, Broadsword, Burkett,
      Cameron, Coiner, Corder, Darrington, Davis, Fulcher, Geddes, Goedde,
      Hammond, Heinrich, Hill, Jorgenson, Kelly, Keough, Langhorst, Little,
      Lodge, Malepeai(Sagness), McGee, McKague, McKenzie, Pearce,
      Richardson, Schroeder, Siddoway, Stegner, Stennett, Werk
      NAYS -- None
      Absent and excused -- Gannon
    Floor Sponsor - Fulcher
    Title apvd - to House
03/20    House intro - 1st rdg - to 2nd rdg
03/21    2nd rdg - to 3rd rdg
03/26    3rd rdg - PASSED - 67-0-3
      AYES -- Anderson, Andrus, Barrett, Bayer, Bedke, Bell, Bilbao, Black,
      Block, Bock, Boe, Bolz, Bowers, Brackett, Chadderdon, Chavez, Chew,
      Clark, Collins, Crane, Durst, Eskridge, Hagedorn, Hart, Harwood,
      Henbest, Henderson, Jaquet, Killen, King, Kren, Labrador, Lake,
      LeFavour, Loertscher, Luker, Marriott, Mathews, Mortimer, Moyle,
      Nielsen, Nonini, Pasley-Stuart, Patrick, Pence, Raybould, Ringo,
      Roberts, Ruchti, Rusche, Sayler, Schaefer, Shepherd(02),
      Shepherd(08), Shirley, Shively, Smith(30), Smith(24), Snodgrass,
      Stevenson, Thomas, Trail, Vander Woude, Wills, Wood(27), Wood(35),
      Mr. Speaker
      NAYS -- None
      Absent and excused -- Bradford, McGeachin, Thayn
    Floor Sponsor - Wood(27)
    Title apvd - to Senate
03/27    To enrol - Rpt enrol - Pres signed
03/28    Sp signed
03/31    To Governor
04/01    Governor signed
         Session Law Chapter 343
         Effective: 07/01/08

Bill Text




                                                                       
  ]]]]              LEGISLATURE OF THE STATE OF IDAHO             ]]]]
 Fifty-ninth Legislature                  Second Regular Session - 2008

                                                                       

                                       IN THE SENATE

                                    SENATE BILL NO. 1503

                                    BY FINANCE COMMITTEE

  1                                        AN ACT
  2    APPROPRIATING MONEYS TO THE STATE TREASURER FOR FISCAL  YEAR  2009;  PROVIDING
  3        FOR  THE  RECOVERY OF BANKING SERVICES COSTS TO THE GENERAL FUND; REAPPRO-
  4        PRIATING CERTAIN UNEXPENDED AND UNENCUMBERED BALANCES OF MONEYS;  LIMITING
  5        THE  NUMBER  OF FULL-TIME EQUIVALENT POSITIONS; AND REQUIRING THAT CERTAIN
  6        MONEYS BE EXPENDED FOR BANK SERVICE FEES.

  7    Be It Enacted by the Legislature of the State of Idaho:

  8        SECTION 1.  There is hereby appropriated to the State Treasurer  the  fol-
  9    lowing amounts to be expended according to the designated expense classes from
 10    the listed funds for the period July 1, 2008, through June 30, 2009:
 11                                  FOR               FOR
 12                               PERSONNEL         OPERATING
 13                                 COSTS          EXPENDITURES       TOTAL
 14    FROM:
 15    General Fund               $1,036,100         $674,200        $1,710,300
 16    State Treasurer
 17     LGIP Fund                    230,000          104,400           334,400
 18    Treasurer's
 19     Office -
 20     Professional
 21     Services
 22     Fund                         218,200          122,900           341,100
 23      TOTAL                    $1,484,300         $901,500        $2,385,800

 24        SECTION 2.  The moneys assessed by the Division of Financial Management in
 25    accordance  with Section 67-3531, Idaho Code, for State Treasurer banking ser-
 26    vices shall be placed in the Indirect Cost Recovery Fund. On  June  30,  2009,
 27    the  State Controller shall transfer the amount assessed in the statewide cost
 28    allocation plan from the Indirect Cost Recovery Fund to the General Fund.

 29        SECTION 3.  There is hereby reappropriated  to  the  State  Treasurer  the
 30    unexpended  and  unencumbered  balance  of any appropriation made to the State
 31    Treasurer from the State Treasurer LGIP Fund for fiscal year 2008, to be  used
 32    for  nonrecurring  expenditures only for the period July 1, 2008, through June
 33    30, 2009. Provided however, that if said reappropriation exceeds the  unencum-
 34    bered  cash  balance in the State Treasurer LGIP Fund as of June 30, 2008, the
 35    reappropriation is hereby reduced to an amount equal to the unencumbered  cash
 36    balance.

 37        SECTION  4.  In accordance with Section 67-3519, Idaho Code, the Office of
 38    the State Treasurer is authorized no more than eighteen (18) full-time equiva-
 39    lent positions at any point during the period July 1, 2008, through  June  30,
 40    2009,  for the program specified in Section 1 of this act, unless specifically
 41    authorized by the Governor. The Joint Finance-Appropriations Committee will be

                                           2

  1    notified promptly of any increased positions so authorized.

  2        SECTION 5.  Of the amount appropriated for operating expenditures in  Sec-
  3    tion  1  of  this  act, $571,000, or so much thereof as is necessary, is to be
  4    used solely and only for the payment of bank service fees for the period  July
  5    1, 2008, through June 30, 2009.

Statement of Purpose / Fiscal Impact


Statement of Purpose
RS17288C1

This is the Fiscal Year 2009 appropriation for the State Treasurer in the amount of $2,385,800.

&nbsp

Fiscal Note
FTP  Gen  Ded  Fed  Total 


FY 2008 Original Appropriation 18.00  1,695,400  666,000  2,361,400 
Reappropriation 0.00  48,400  48,400 


FY 2008 Total Appropriation 18.00  1,695,400  714,400  2,409,800 
Removal of One-Time Expenditures 0.00  (37,800)  (59,900)  (97,700) 


FY 2009 Base 18.00  1,657,600  654,500  2,312,100 
Benefit Costs 0.00  23,900  9,300  33,200 
Inflationary Adjustments 0.00 
Statewide Cost Allocation 0.00  2,200  2,200 
Annualizations 0.00  1,600  1,600 
Change in Employee Compensation 0.00  25,000  11,700  36,700 


FY 2009 Program Maintenance 18.00  1,710,300  675,500  2,385,800 



Line Items          
State Treasurer          
 1. Fund Salary for PCN #3333 0.00 


FY 2009 Total 18.00  1,710,300  675,500  2,385,800 
Chg from FY 2008 Orig Approp 0.00  14,900  9,500  24,400 
% Chg from FY 2008 Orig Approp. 0.0%  0.9%  1.4%    1.0% 

Contact: Paul Headlee 334-4746

Legislative Services Office, Budget & Policy Analysis

Statement of Purpose/Fiscal Note Bill No. S1503