Bill
Bill > H0277
ID H0277
ID H0277Relates to the appropriation to the Endowment Fund Investment Board for fiscal year 2024.
summary
Introduced
03/07/2023
03/07/2023
In Committee
03/13/2023
03/13/2023
Crossed Over
03/09/2023
03/09/2023
Passed
03/22/2023
03/22/2023
Dead
Signed/Enacted/Adopted
03/24/2023
03/24/2023
Introduced Session
2023 Regular Session
Bill Summary
APPROPRIATIONS -- ENDOWMENT FUND INVESTMENT BOARD -- Relates to the appropriation to the Endowment Fund Investment Board for fiscal year 2024.
AI Summary
This bill appropriates funds to the Endowment Fund Investment Board for fiscal year 2024. Specifically, it provides $872,600 in total funding, including $780,700 from the Endowment Earnings Administrative Fund and $91,900 from the Miscellaneous Revenue Fund, to be used for personnel costs, operating expenditures, and capital outlay. The bill also authorizes the Endowment Fund Investment Board to have up to 4 full-time equivalent positions and grants the board continuous appropriation authority for certain portfolio-related external costs. Additionally, the bill appropriates and directs the Endowment Fund Investment Board to transfer $100,315,000 from various Earnings Reserve Funds to their corresponding Income Funds. The bill declares an emergency and takes effect on July 1, 2023.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Appropriations Committee (H)
Last Action
Reported Signed by Governor on March 23, 2023 Session Law Chapter 125 Effective: 07/01/2023 (on 03/24/2023)
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/H0277/ |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2023/legislation/H0277.pdf |
| Fiscal Note/Analysis - Statement of Purpose / Fiscal Note | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2023/legislation/H0277SOP.pdf |
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