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H0772......................................................by STATE AFFAIRS
MINT COMMISSION - Amends existing law to revise provisions relating to the
disbursement of moneys from the accounts of the Idaho Mint Commission; and
to provide for a system of internal accounting controls.
03/07 House intro - 1st rdg - to printing
03/08 Rpt prt - to Agric Aff
03/15 Rpt out - rec d/p - to 2nd rdg
03/16 2nd rdg - to 3rd rdg
03/20 3rd rdg - PASSED - 63-0-7
AYES -- Anderson, Andrus, Barraclough, Barrett, Bastian, Bayer,
Bedke, Bilbao, Black, Block, Boe, Bolz, Brackett, Bradford, Cannon,
Chadderdon, Clark, Collins, Deal, Denney, Edmunson, Eskridge,
Field(18), Field(23), Garrett, Hart, Harwood, Henbest, Henderson,
Kemp, Lake, LeFavour, Loertscher, Martinez, Mathews, McGeachin,
McKague, Miller, Mitchell, Moyle, Nielsen, Nonini, Pasley-Stuart,
Pence, Ring, Ringo, Roberts, Rusche, Rydalch, Sali, Sayler, Schaefer,
Shepherd(2), Shepherd(8), Shirley, Skippen, Smith(30), Smith(24),
Smylie, Snodgrass, Trail, Wills, Wood
NAYS -- None
Absent and excused -- Bell, Crow, Ellsworth, Jaquet, Raybould,
Stevenson, Mr. Speaker
Floor Sponsor - Shirley
Title apvd - to Senate
03/21 Senate intro - 1st rdg - to Agric Aff
03/24 Rpt out - rec d/p - to 2nd rdg
03/27 2nd rdg - to 3rd rdg
03/29 3rd rdg - PASSED - 35-0-0
AYES -- Andreason, Brandt, Broadsword, Bunderson, Burkett(Clark),
Burtenshaw, Cameron, Coiner, Compton, Corder, Darrington, Davis,
Fulcher, Gannon, Geddes, Goedde, Hill, Jorgenson, Kelly, Keough,
Langhorst, Little, Lodge, Malepeai, Marley, McGee, McKenzie, Pearce,
Richardson, Schroeder, Stegner, Stennett, Sweet, Werk, Williams
NAYS -- None
Absent and excused -- None
Floor Sponsor - Gannon
Title apvd - to House
03/30 To enrol
03/31 Rpt enrol - Sp signed
04/03 Pres signed - To Governor
04/07 Governor signed
Session Law Chapter 362
Effective: 07/01/06
]]]] LEGISLATURE OF THE STATE OF IDAHO ]]]]
Fifty-eighth Legislature Second Regular Session - 2006
IN THE HOUSE OF REPRESENTATIVES
HOUSE BILL NO. 772
BY STATE AFFAIRS COMMITTEE
1 AN ACT
2 RELATING TO THE IDAHO MINT COMMISSION; AMENDING SECTION 22-3811, IDAHO CODE,
3 TO REVISE PROVISIONS RELATING TO THE DISBURSEMENT OF MONEYS FROM THE
4 ACCOUNTS OF THE IDAHO MINT COMMISSION, TO PROVIDE FOR A SYSTEM OF INTERNAL
5 ACCOUNTING CONTROLS AND TO MAKE TECHNICAL CORRECTIONS.
6 Be It Enacted by the Legislature of the State of Idaho:
7 SECTION 1. That Section 22-3811, Idaho Code, be, and the same is hereby
8 amended to read as follows:
9 22-3811. DISPOSITION OF RECEIPTS AND USE OF MONEYS COLLECTED. (1) As soon
10 as possible after receipt, all moneys received by the commission from the
11 assessment levied under section 22-3806, of this act Idaho Code, and all other
12 moneys received by the commission shall be deposited in one (1) or more sepa-
13 rate accounts in the name of the commission in one (1) or more banks or trust
14 companies approved under chapter 27, title 67, Idaho Code, as state deposito-
15 ries. The commission shall designate such accounts at such banks or trust com-
16 panies.
17 (2) (a) No moneys shall be withdrawn from or paid out of such accounts
18 except upon order of the commission, and upon checks or other orders upon
19 such accounts signed by such member of the commission as the commission
20 designates. and countersigned by such other member, officer or employee of
21 the commission as the commission designates The commission shall establish
22 and maintain an adequate and reasonable system of internal accounting con-
23 trols. The internal accounting controls shall be written, approved and
24 periodically reviewed by the commission. A receipt, voucher or other writ-
25 ten record, showing clearly the nature and items covered by each check or
26 other order, shall be kept.
27 (b) All moneys referred to in subsection (1) of this section shall be
28 used by the commission only for the payment of expenses of the commission
29 in carrying out the powers conferred on the commission.
30 (c) The commission may require any commission member or agent or employee
31 appointed by the commission, to give a bond payable to the commission in
32 the amount, and with the security and containing the terms and conditions
33 the commission prescribes. The cost of such bond is an administrative cost
34 under this act chapter.
35 (3) The right is reserved to the state of Idaho to audit all funds of the
36 commission at any time.
STATEMENT OF PURPOSE
RS 16216
Legislative auditors have indicated that it is no longer
necessary for small commodity commissions to require two (2)
signatures on checking accounts. The commissions require action
by the commission to withdraw or pay out of accounts. These
accounts are audited by legislative auditors. In some instances
members of the commissions are some distance apart and it is
difficult to obtain two (2) signatures.
FISCAL NOTE
There is no impact to the general fund.
Contact
Name: Representative Darrell Bolz
Phone: (208) 332-1000
STATEMENT OF PURPOSE/FISCAL NOTE H 772