2005 Legislation
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HOUSE BILL NO. 170 – Canola/Rapeseed Comm, audits


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Bill Status

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

Bill Text

  ]]]]              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
  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 the
 19    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    annually every 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 / Fiscal Impact

                       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.

Name:  Rick Waitley 
Phone: 208-888-0988