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H0170...............................................by AGRICULTURAL AFFAIRS IDAHO CANOLA AND RAPESEED COMMISSION - Amends existing law to revise audit provisions relating to moneys received or expended by the Idaho Canola and Rapeseed Commission. 02/11 House intro - 1st rdg - to printing 02/14 Rpt prt - to 2nd rdg 02/15 2nd rdg - to 3rd rdg 02/18 3rd rdg - PASSED - 65-0-5 AYES -- Anderson, Andrus, Barraclough, Barrett, Bastian, Bayer, Bedke, Bell, Bilbao, Black, Block, Boe, Bolz, Bradford, Cannon, Chadderdon, Clark, Collins, Crow, Deal, Denney, Edmunson, Ellsworth, Eskridge, Field(18), Field(23), Garrett, Hart, Henbest, Henderson, Jaquet, Jones, Kemp, Lake, LeFavour, Loertscher, Martinez, Mathews, McGeachin, McKague, Miller, Mitchell, Moyle, Nielsen, Nonini, Pasley-Stuart, Pence, Raybould, Ring, Ringo, Rusche, Rydalch, Sayler, Schaefer, Shepherd(2), Shepherd(8), Shirley, Skippen, Smith(30), Smith(24), Smylie(Telleria), Snodgrass, Stevenson, Trail, Wills NAYS -- None Absent and excused -- Harwood, Roberts, Sali, Wood, Mr. Speaker Floor Sponsor - Field(23) Title apvd - to Senate 02/21 Senate intro - 1st rdg - to Agric Aff 03/03 Rpt out - rec d/p - to 2nd rdg 03/04 2nd rdg - to 3rd rdg 03/07 3rd rdg - PASSED - 34-0-1 AYES -- Andreason, Brandt, Broadsword, Bunderson, Burkett, Burtenshaw, Cameron, Coiner, Compton, Corder, Darrington, Davis, Gannon, Geddes, Goedde, Hill, Jorgenson, Kelly, Keough, Langhorst, Little, Lodge, Malepeai, Marley, McGee, McKenzie, Noble, Pearce, Richardson, Schroeder, Stegner, Stennett, Sweet, Werk NAYS -- None Absent and excused -- Williams Floor Sponsor - Broadsword Title apvd - to House 03/08 To enrol 03/09 Rpt enrol - Sp signed 03/10 Pres signed 03/11 To Governor 03/15 Governor signed Session Law Chapter 56 Effective: 07/01/05
]]]] LEGISLATURE OF THE STATE OF IDAHO ]]]] Fifty-eighth Legislature First Regular Session - 2005 IN THE HOUSE OF REPRESENTATIVES HOUSE BILL NO. 170 BY AGRICULTURAL AFFAIRS COMMITTEE 1 AN ACT 2 RELATING TO THE IDAHO CANOLA AND RAPESEED COMMISSION; AMENDING SECTION 3 22-4720, IDAHO CODE, TO REVISE AUDIT PROVISIONS RELATING TO MONEYS 4 RECEIVED OR EXPENDED BY THE COMMISSION. 5 Be It Enacted by the Legislature of the State of Idaho: 6 SECTION 1. That Section 22-4720, Idaho Code, be, and the same is hereby 7 amended to read as follows: 8 22-4720. DEPOSITS AND DISBURSEMENT OF FUNDS. (1) Immediately upon 9 receipt, all moneys received by the commission shall be deposited in one (1) 10 or more separate accounts in the name of the commission in one (1) or more 11 banks or trust companies approved under chapter 27, title 67, Idaho Code, as 12 state depositories. The commission shall designate the banks or trust compa- 13 nies. All funds so deposited are hereby continuously appropriated for the pur- 14 pose of carrying out the provisions of this chapter. 15 (2) Funds can be withdrawn or paid out of such accounts only upon checks 16 or other orders upon such accounts signed by two (2) officers designated by 17 the commission. 18 (3) The right is reserved to the state of Idaho to audit the funds of the19 commission at any time.20 (4)On or before January 15 of each year, the commission shall file with 21 the senate agricultural affairs committee, the house agricultural affairs com- 22 mittee, the legislative council, the state controller, and the division of 23 financial management, a report showing the annual income and expenses by stan- 24 dard classification of the commission during the preceding fiscal year. The 25 report shall also include an estimate of income to the commission for the cur- 26 rent and next fiscal year. From and after January 15, 1999, the report shall 27 also include a reconciliation between the estimated income and expenses pro- 28 jected and the actual income and expenses of the preceding fiscal year. 29 ( 54) All moneys received or expended by the commission shall be audited 30 annuallyevery second year, but shall address each year separately, by a cer- 31 tified public accountant designated by the commission, who shall furnish a 32 copy of the audit to the director of legislative services and to the senate 33 agricultural affairs committee and the house agricultural affairs committee. 34 The audit shall be completed within ninety (90) days following the close of 35 the fiscal year. The right is reserved to the state of Idaho to audit the 36 funds of the commission at any time. 37 ( 65) The expenditures of the commission are expressly exempted from the 38 provisions of sections 67-2007 and 67-2008, Idaho Code.
STATEMENT OF PURPOSE RS 14816 Changes the financial auditing requirements of the Canola and Rapeseed Commission from annually to bi-annually. FISCAL NOTE None to the general fund but some savings to the Commission. Contact Name: Rick Waitley Phone: 208-888-0988 STATEMENT OF PURPOSE/FISCAL NOTE H 170