2005 Idaho Code - 67-806A — INEEL SETTLEMENT FUND

                                  TITLE  67
                      STATE GOVERNMENT AND STATE AFFAIRS
                                  CHAPTER 8
                    EXECUTIVE AND ADMINISTRATIVE OFFICERS
                     -- GOVERNOR AND LIEUTENANT-GOVERNOR
    67-806A.  INEEL SETTLEMENT FUND. (1) There is hereby established in the
state treasury a fund, separate and apart from all other public moneys or
funds of this state, to be known as the INEEL settlement fund.
    (2)  The fund shall consist of all payments received from the U.S.
department of energy, or a successor agency, pursuant to the 1995 court
approved settlement between the state of Idaho, the U.S. department of energy
and the U.S. navy.
    (3)  Moneys in the fund may be expended by the office of the governor,
consistent with the terms of the court approved settlement, to mitigate the
impacts of the Idaho national engineering and environmental laboratory
workforce restructuring on the Idaho economy by furthering the creation of
sustainable jobs and diversification of the southeastern Idaho economy, and
for other purposes mutually acceptable to the governor of the state of Idaho
and the U.S. department of energy.
    (4)  All moneys placed in the fund are hereby continuously appropriated to
the office of the governor for the purposes described in this section.
    (5)  Pending use, surplus moneys in the fund shall be invested by the
state treasurer in the same manner as provided under section 67-1210, Idaho
Code. Interest earned on the investments shall be returned to the fund.