2001 Legislation
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HOUSE BILL NO. 217 – State accounts, error correction

HOUSE BILL NO. 217

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View Statement of Purpose / Fiscal Impact



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Daily Data Tracking History



H0217.....................................................by APPROPRIATIONS
STATE ACCOUNTS - Amends existing law to provide that error corrections
resulting from a fiscal year's activities in state accounts, as to
appropriations, may be recorded by the State Controller without legislative
authorization in the following fiscal year, provided the corrections do not
exceed $500,000 and are recorded within six months of the end of the fiscal
year; and to provide that corrections exceeding $500,000 or discovered more
than six months after the end of the fiscal year shall be approved by the
Legislature.
                                                                        
02/14    House intro - 1st rdg - to printing
02/15    Rpt prt - to 2nd rdg
02/16    2nd rdg - to 3rd rdg
02/19    3rd rdg - PASSED - 65-0-5
      AYES -- Barraclough, Barrett, Bedke, Bell, Bieter, Black, Boe, Bolz,
      Bradford, Bruneel, Campbell, Chase, Clark, Collins, Cuddy, Deal,
      Ellis, Ellsworth, Eskridge, Field(13), Field(20), Gagner, Gould,
      Hadley, Harwood, Henbest, Higgins, Hornbeck, Jaquet, Jones, Kellogg,
      Kendell, Kunz, Lake, Langford, Loertscher, Mader, Marley, McKague,
      Meyer, Montgomery, Mortensen, Moss, Moyle, Pischner, Pomeroy,
      Raybould, Ridinger, Roberts, Robison, Sali, Schaefer, Sellman,
      Shepherd, Smith, Smylie, Stevenson, Stone, Swan, Tilman, Trail,
      Wheeler, Wood, Young, Mr. Speaker
      NAYS -- None
      Absent and excused -- Callister, Crow, Denney, Hammond, Pearce
    Floor Sponsor -- Bell
    Title apvd - to Senate
02/20    Senate intro - 1st rdg - to Fin
02/21    Rpt out - rec d/p - to 2nd rdg
02/22    2nd rdg - to 3rd rdg
03/08    3rd rdg - PASSED - 35-0-0
      AYES -- Andreason, Boatright, Branch(Bartlett), Brandt, Bunderson,
      Burtenshaw, Cameron, Danielson, Darrington, Davis, Deide, Dunklin,
      Frasure, Geddes, Goedde, Hawkins, Ingram, Ipsen, Keough,
      King-Barrutia, Lee, Lodge, Noh, Richardson, Risch, Sandy, Schroeder,
      Sims, Sorensen, Stegner, Stennett, Thorne, Wheeler, Whitworth,
      Williams,
      NAYS -- None
      Absent and excused -- None
    Floor Sponsor -- Bunderson
    Title apvd - to House
03/09    To enrol
03/12    Rpt enrol - Sp signed
03/13    Pres signed
03/14    To Governor
03/19    Governor signed
         Session Law Chapter 60
         Effective: 07/01/01

Bill Text


                                                                        
                                                                        
  ||||              LEGISLATURE OF THE STATE OF IDAHO             ||||
 Fifty-sixth Legislature                  First Regular Session - 2001
                                                                        
                                                                        
                              IN THE HOUSE OF REPRESENTATIVES
                                                                        
                                     HOUSE BILL NO. 217
                                                                        
                                BY APPROPRIATIONS COMMITTEE
                                                                        
  1                                        AN ACT
  2    RELATING TO THE STATE CONTROLLER; AMENDING SECTION  67-3604,  IDAHO  CODE,  TO
  3        PROVIDE  THAT  ERROR CORRECTIONS RESULTING FROM A FISCAL YEAR'S ACTIVITIES
  4        IN STATE ACCOUNTS AS TO APPROPRIATIONS  MAY BE RECORDED BY THE STATE  CON-
  5        TROLLER  WITHOUT  LEGISLATIVE  AUTHORIZATION IN THE FOLLOWING FISCAL YEAR,
  6        PROVIDED THE CORRECTIONS DO NOT EXCEED FIVE HUNDRED THOUSAND DOLLARS   AND
  7        ARE  RECORDED  WITHIN SIX MONTHS OF THE END OF THE FISCAL YEAR AND TO PRO-
  8        VIDE CORRECTIONS EXCEEDING FIVE HUNDRED  THOUSAND  DOLLARS  OR  DISCOVERED
  9        MORE THAN SIX MONTHS AFTER THE END OF THE FISCAL YEAR SHALL BE APPROVED BY
 10        THE LEGISLATURE.
                                                                        
 11    Be It Enacted by the Legislature of the State of Idaho:
                                                                        
 12        SECTION  1.  That  Section 67-3604, Idaho Code, be, and the same is hereby
 13    amended to read as follows:
                                                                        
 14        67-3604.  CLOSING ACCOUNTS BY STATE CONTROLLER. The state controller shall
 15    close his accounts as to all appropriations on the day following the close  of
 16    each fiscal year, and transfer all balances unencumbered at the close of busi-
 17    ness  on  the preceding day to the accounts from which such appropriations are
 18    severally made. Error corrections resulting from a  fiscal  year's  activities
 19    may  be  recorded  without  legislative  authorization in the following fiscal
 20    year, provided the corrections do not exceed  five  hundred  thousand  dollars
 21    ($500,000)  and  are  recorded  within six (6) months of the end of the fiscal
 22    year. Corrections exceeding five hundred thousand dollars ($500,000)  or  dis-
 23    covered  more  than  six  (6) months after the end of the fiscal year shall be
 24    approved by the legislature.

Statement of Purpose / Fiscal Impact


                          STATEMENT OF PURPOSE

                                RS 10899

This bill simply clarifies year-end closing procedures for the State Controller 
by providing guidelines for the handling of error corrections.  
The bill provides that certain errors which are discovered at 
year-end closing may be corrected administratively by the State 
Controller without Legislative authorization as long as the amount 
does not exceed $500,000 and the correction is recorded within six 
months of the close of the fiscal year.   Currently there are no 
defined limits in terms of fiscal impact or timetable for routine 
accounting corrections.  This bill would tighten up the process and
define those administrative limits. 

                                FISCAL NOTE 

There is no fiscal impact.





Contact:	Dave Tolman,  Division of Financial Mgmt.
		Jeff Youtz, Legislative Services Office
		Larry Kirk, Legislative Services Office		





STATEMENT OF PURPOSE/FISCAL NOTE                    H 217