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H0608......................................................by STATE AFFAIRS
STATE TREASURER - WARRANTS - Amends existing law to provide that the State
Treasurer must pay warrants on any of the several funds in his office as
prescribed by law, provided that the State Treasurer and his employees
reserve the right to deny the cashing of warrants in the Treasurer's office
that total more than two thousand dollars; and to provide that any or all
warrants totaling more than two thousand dollars must be cashed or
deposited at another financial institution.
02/03 House intro - 1st rdg - to printing
02/04 Rpt prt - to St Aff
02/11 Rpt out - rec d/p - to 2nd rdg
02/12 2nd rdg - to 3rd rdg
02/18 3rd rdg - PASSED - 64-0-6
AYES -- Andersen, Barraclough, Barrett, Bauer, Bayer, Bedke, Bell,
Black, Boe, Bolz, Bradford, Campbell, Cannon, Clark, Collins, Crow,
Deal, Denney, Douglas, Eberle, Ellsworth, Eskridge, Field(18),
Field(23), Gagner, Garrett, Harwood, Henbest, Jaquet, Jones,
Kellogg(Nonini), Kulczyk, Lake, Langford, Langhorst, Martinez,
McGeachin, McKague, Meyer, Miller, Moyle, Naccarato, Pasley-Stuart,
Raybould, Ridinger, Ring, Ringo, Roberts, Robison, Rydalch, Sali,
Sayler, Schaefer, Shepherd, Shirley, Skippen, Smith(30), Smith(24),
Smylie, Snodgrass, Stevenson, Trail, Wood, Mr. Speaker
NAYS -- None
Absent and excused -- Block, Cuddy, Edmunson, Mitchell, Nielsen,
Wills
Floor Sponsor - Deal
Title apvd - to Senate
02/19 Senate intro - 1st rdg - to St Aff
03/02 Rpt out - rec d/p - to 2nd rdg
03/03 2nd rdg - to 3rd rdg
03/15 3rd rdg - PASSED - 27-0-8
AYES -- Andreason, Bailey, Bunderson, Burtenshaw, Calabretta,
Compton, Darrington, Gannon, Geddes, Goedde, Hill, Ingram, Kennedy,
Keough, Little, Lodge, Malepeai, Marley, McKenzie, McWilliams,
Pearce, Richardson, Schroeder, Sorensen, Stegner, Sweet, Werk
NAYS -- None
Absent and excused -- Brandt, Burkett, Cameron, Davis, Noble, Noh,
Stennett, Williams
Floor Sponsor - Darrington
Title apvd - to House
03/16 To enrol
03/17 Rpt enrol - Sp signed
03/18 Pres signed - To Governor
03/23 Governor signed
Session Law Chapter 171
Effective: 03/23/04
]]]] LEGISLATURE OF THE STATE OF IDAHO ]]]]
Fifty-seventh Legislature Second Regular Session - 2004
IN THE HOUSE OF REPRESENTATIVES
HOUSE BILL NO. 608
BY STATE AFFAIRS COMMITTEE
1 AN ACT
2 RELATING TO THE STATE TREASURER; AMENDING SECTION 67-1211, IDAHO CODE, TO PRO-
3 VIDE THAT THE STATE TREASURER MUST PAY WARRANTS ON ANY OF THE SEVERAL
4 FUNDS IN HIS OFFICE AS PRESCRIBED BY LAW PROVIDED THAT THE STATE TREASURER
5 AND HIS EMPLOYEES RESERVE THE RIGHT TO DENY THE CASHING OF WARRANTS IN THE
6 TREASURER'S OFFICE THAT TOTAL MORE THAN TWO THOUSAND DOLLARS AND TO PRO-
7 VIDE THAT ANY OR ALL WARRANTS TOTALING MORE THAN TWO THOUSAND DOLLARS,
8 MUST BE CASHED OR DEPOSITED AT ANOTHER FINANCIAL INSTITUTION; AND DECLAR-
9 ING AN EMERGENCY.
10 Be It Enacted by the Legislature of the State of Idaho:
11 SECTION 1. That Section 67-1211, Idaho Code, be, and the same is hereby
12 amended to read as follows:
13 67-1211. PAYMENT OF WARRANTS. The state treasurer must pay warrants on
14 any of the several funds in his office as prescribed by law, provided that the
15 state treasurer and his employees reserve the right to deny the cashing of
16 warrants in the treasurer's office that total more than two thousand dollars
17 ($2,000). Any or all warrants totaling more than two thousand dollars
18 ($2,000), must be cashed or deposited at another financial institution.
19 SECTION 2. An emergency existing therefor, which emergency is hereby
20 declared to exist, this act shall be in full force and effect on and after its
21 passage and approval.
STATEMENT OF PURPOSE
RS 13856
The primary purpose of this bill is to limit the dollar volume of
warrants that are cashed in the physical location of the
Treasurer's Office and to encourage the public to deposit
warrants at a financial institution. This will help to lower
the risk to the State Treasurer's Office of attempted fraudulent
activity in the form of income tax evasion and counterfeit
warrants.
FISCAL IMPACT
There is no fiscal impact to the State of Idaho General Fund.
Contact
Name: Ron Crane, State Treasurer's Office
Phone: 208/334-3200
STATEMENT OF PURPOSE/FISCAL NOTE H 608