Bill
Bill > S1132
ID S1132
ID S1132Relates to the appropriation to the Public Employee Retirement System of Idaho for fiscal year 2024.
summary
Introduced
03/01/2023
03/01/2023
In Committee
03/15/2023
03/15/2023
Crossed Over
03/07/2023
03/07/2023
Passed
03/16/2023
03/16/2023
Dead
Signed/Enacted/Adopted
03/20/2023
03/20/2023
Introduced Session
2023 Regular Session
Bill Summary
APPROPRIATIONS -- PERSI -- Relates to the appropriation to the Public Employee Retirement System of Idaho for fiscal year 2024.
AI Summary
This bill appropriates a total of $13,629,000 to the Public Employee Retirement System of Idaho (PERSI) for fiscal year 2024.
* **Retirement Administration:** $12,408,900 is appropriated for retirement administration expenses. This includes $6,478,600 for personnel, $5,652,900 for operating expenditures, and $200,500 for capital outlay, all from the PERSI Administrative Fund. An additional $76,900 is appropriated from the Judges' Retirement Fund.
* **Portfolio Investment:** $1,220,100 is appropriated for portfolio investment expenses, including $976,600 for personnel, $224,600 for operating expenditures, and $18,900 for capital outlay, all from the PERSI Special Fund.
* **Full-Time Equivalent Positions:** PERSI is authorized to have up to 81.00 full-time equivalent positions during the fiscal year, unless otherwise authorized by the Governor.
* **Continuous Appropriation for Investment Expenses:** Funds for other investment expenses related to the Portfolio Investment Program are continuously appropriated as provided by Idaho law.
Committee Categories
Budget and Finance, Justice
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Finance Committee (Senate)
Last Action
Session Law Chapter 85 Effective: 07/01/2023 (on 03/20/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://legislature.idaho.gov/sessioninfo/2023/legislation/S1132/ |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2023/legislation/S1132.pdf |
| Fiscal Note/Analysis - Statement of Purpose / Fiscal Note | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2023/legislation/S1132SOP.pdf |
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