Print Friendly HOUSE BILL NO. 774 – Bean Comm, accounting
HOUSE BILL NO. 774
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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
]]]] 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
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.
There is no impact to the general fund.
Name: Rep. Darrell Bolz
Phone: (208) 332-1000
STATEMENT OF PURPOSE/FISCAL NOTE H 774