2006 Legislation
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HOUSE BILL NO. 774 – Bean Comm, accounting

HOUSE BILL NO. 774

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Bill Status



H0774......................................................by STATE AFFAIRS
BEAN COMMISSION - Amends existing law to revise provisions relating to the
disbursement of moneys from the accounts of the Idaho Bean 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 - 61-0-9
      AYES -- Anderson, Andrus, Barraclough, Barrett, Bastian, Bayer,
      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), Smylie,
      Snodgrass, Trail, Wills, Wood
      NAYS -- None
      Absent and excused -- Bedke, Bell, Crow, Ellsworth, Jaquet, Raybould,
      Smith(24), Stevenson, Mr. Speaker
    Floor Sponsor - Bolz
    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 364
         Effective: 07/01/06

Bill Text


                                                                        
                                                                        
  ]]]]              LEGISLATURE OF THE STATE OF IDAHO             ]]]]
 Fifty-eighth Legislature                   Second Regular Session - 2006
                                                                        
                                                                        
                              IN THE HOUSE OF REPRESENTATIVES
                                                                        
                                     HOUSE BILL NO. 774
                                                                        
                                 BY STATE AFFAIRS COMMITTEE
                                                                        
  1                                        AN ACT
  2    RELATING TO THE IDAHO BEAN COMMISSION; AMENDING SECTION 22-2919,  IDAHO  CODE,
  3        TO  REVISE  PROVISIONS  RELATING  TO  THE  DISBURSEMENT OF MONEYS FROM THE
  4        ACCOUNTS OF THE IDAHO BEAN 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 22-2919, Idaho Code, be, and the same  is  hereby
  8    amended to read as follows:
                                                                        
  9        22-2919.  DEPOSIT AND DISBURSEMENT OF FUNDS. (1) Immediately upon receipt,
 10    all  moneys  received  by the commission shall be deposited in one (1) or more
 11    separate accounts in the name of the commission in one (1) or  more  banks  or
 12    trust  companies  approved  under  chapter  27, title 67, Idaho Code, as state
 13    depositories. The commission shall designate such banks  or  trust  companies.
 14    All funds so deposited are hereby continuously appropriated for the purpose of
 15    carrying out the provisions of this chapter.
 16        (2)  Funds  can  No moneys shall be withdrawn or paid out of such accounts
 17    only except upon order of the commission and upon checks or other orders  upon
 18    such  accounts signed by two (2) officers designated by the such member of the
 19    commission as the  commission designates. The commission shall  establish  and
 20    maintain  an  adequate  and reasonable system of internal accounting controls.
 21    The internal accounting controls shall be written, approved  and  periodically
 22    reviewed by the commission.
 23        (3)  The right is reserved to the state of Idaho to audit the funds of the
 24    commission at any time.
 25        (4)  On  or before January 15 of each year, the commission shall file with
 26    the senate agricultural affairs committee, the house of representatives  agri-
 27    cultural  affairs  committee,  the legislative services office, the state con-
 28    troller, and the division of financial management, a report showing the annual
 29    income and expenses by standard classification of the  commission  during  the
 30    preceding  fiscal year. The report shall also include an estimate of income to
 31    the commission for the current and next fiscal year and a projection of antic-
 32    ipated expenses by category for the current and next  fiscal  year.  From  and
 33    after January 15, 1989, the report shall also include a reconciliation between
 34    the estimated income and expenses projected and the actual income and expenses
 35    of the preceding fiscal year.
 36        (5)  All  moneys  received  or expended by the commission shall be audited
 37    biennially by a certified public accountant designated by the commission,  who
 38    shall furnish a copy of such audit to the director of legislative services and
 39    to  the senate agricultural affairs committee and the house of representatives
 40    agricultural affairs committee. The audit shall  be  completed  within  ninety
 41    (90) days following the close of the fiscal year.
 42        (6)  The  expenditures  of  the commission are expressly exempted from the
 43    provisions of sections 67-2007 and 67-2008, Idaho Code.

Statement of Purpose / Fiscal Impact



                       STATEMENT OF PURPOSE

                             RS 16218

Legislative auditors have indicated that it is no longer
necessary for small agricultural commodity commissions to require
two (2) signatures on checking accounts. These Idaho Bean
Commission accounts are audited by legislative auditors every two
years with the state reserving the right to audit the funds at
any time. The audits will address each year separately.
Commission members often live some distance apart and it is
difficult to obtain two (2) signatures on checks.



                           FISCAL NOTE

There is no impact to the general fund.







Contact
Name: Rep. Darrell Bolz 
Phone: (208) 332-1000


STATEMENT OF PURPOSE/FISCAL NOTE                            H 774