Appropriates and transfers $750,000 from the Economic Recovery Reserve Fund to the Charter School Debt Reserve Fund for fiscal year 2017.
APPROPRIATIONS - PUBLIC SCHOOLS - Appropriates and transfers $750,000 from the Economic Recovery Reserve Fund to the Charter School Debt Reserve Fund for fiscal year 2017.
STATEMENT OF PURPOSE
This is an FY 2017 appropriation and one-time transfer of $750,000 from the Economic Recovery Reserve Fund (ERRF) to the Charter School Debt Reserve Fund in the amount of $750,000 to be used in accordance with Section 33-5217, Idaho Code. The Charter School Debt Reserve Fund wascreatedthroughH309(2015Session)toassistqualifyingcharterschoolsinobtainingfavorable financing for facility improvements and construction.
HOW THEY VOTED
Senate Third Reading
YEA (35)
NAY (0)
House Third Reading
YEA (66)
NAY (1)
ABSENT / NOT VOTING (3)
LATEST ACTION
Signed by Governor on 03/31/16 Session Law Chapter 338 Effective: 07/01/2016
BILL INFO
- Session
- 2016
- Chamber
- senate
- Status date
- Mar 31, 2016