2005 Idaho Code - 72-1348 — STATE EMPLOYMENT SECURITY ADMINISTRATIVE AND REIMBURSEMENT FUND

                                  TITLE  72
                      WORKER'S COMPENSATION AND RELATED
                        LAWS -- INDUSTRIAL COMMISSION
                                  CHAPTER 13
                           EMPLOYMENT SECURITY LAW
    72-1348.  STATE EMPLOYMENT SECURITY ADMINISTRATIVE AND REIMBURSEMENT FUND.
(1) There is created in the state treasury the "State Employment Security
Administrative and Reimbursement Fund." Notwithstanding the provisions of
sections 72-1346 and 72-1347, Idaho Code, the fund shall consist of:
    (a)  All penalties, and all interest on judgments or accounts secured by
    liens, collected pursuant to the provisions of sections 72-1347A, 72-1347B
    and 72-1354 through 72-1364, Idaho Code, but only after such interest and
    penalties have been deposited in the clearing account and are thereafter
    transferred to this fund in such amounts as, in the discretion of the
    director, will leave a sufficient balance of interest and penalties in the
    clearing account to pay refunds; and
    (b)  Reed act moneys appropriated for the purchase of land and buildings
    pursuant to section 72-1346(5), Idaho Code.
    (2)  Moneys referred to in subsection (1)(a) of this section are
perpetually appropriated to the director and may be used upon written
authorization of the board of examiners for any lawful purpose, including, but
not limited to:
    (a)  As a revolving fund to cover expenditures for which federal funds
    have been duly requested but not yet received, subject to reimbursement
    upon receipt of the federal funds;
    (b)  For the payment of costs of administration including costs not
    validly chargeable against federal grants;
    (c)  For the payment of refunds of penalties pursuant to section 72-1357,
    Idaho Code; and
    (d)  For the purchase of land and buildings for the purpose of providing
    office space for the department.
    (3)  Moneys referred to in subsection (1)(b) of this section may be used
by the department to acquire for and in the name of the state by term purchase
agreement lands and buildings for office space for the department at such
places as the director finds necessary. An agreement made for the purchase of
premises pursuant to this subsection shall be subject to the approval of the
attorney general as to form and title.
    Premises purchased pursuant to this section shall be used for the
department, or if it is desirable to move the department, similar space will
be furnished by the state to the department without further payment therefor
by the United States.

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