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Bill Title: Appropriates and transfers $161,000 from the Idaho Millennium Fund to the Idaho Millennium Permanent Endowment Fund for fiscal year 2012 for the purpose of repaying prior year investment management consulting fees that were paid in error from the Idaho Millennium Permanent Endowment Fund from fiscal years 2009-2011; appropriates and transfers $80,000 from the Idaho Millennium Fund to the Idaho Millennium Income Fund for appropriation to the State Treasurer for fiscal year 2012; appropriates an additional $80,000 to the State Treasurer for fiscal year 2012 to cover investment management fees for fiscal year 2012; appropriates and distributes a total of $5,714,400 from the Idaho Millennium Income Fund for fiscal year 2013; and provides that certain unexpended and unencumbered moneys shall revert to the Idaho Millennium Income Fund at the end of fiscal year 2013.

Spectrum: Committee Bill

Status: (Passed) 2012-04-05 - Governor signed Session Law Chapter 317 Effective: 04/05/12 Sections 1, 2 & 3; 07/01/12 All other sections [S1408 Detail]

Download: Idaho-2012-S1408-Introduced.pdf

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