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H0050......................................................by STATE AFFAIRS GRAPE GROWERS AND WINE PRODUCERS COMMISSION - Amends existing law relating to the Idaho Grape Growers and Wine Producers Commission to revise provisions relating to the disbursement of moneys from the accounts of the commission; and to provide for biennial audits. 01/24 House intro - 1st rdg - to printing 01/25 Rpt prt - to St Aff
]]]] LEGISLATURE OF THE STATE OF IDAHO ]]]] Fifty-ninth Legislature First Regular Session - 2007IN THE HOUSE OF REPRESENTATIVES HOUSE BILL NO. 50 BY STATE AFFAIRS COMMITTEE 1 AN ACT 2 RELATING TO THE IDAHO GRAPE GROWERS AND WINE PRODUCERS COMMISSION; AMENDING 3 SECTION 54-3607, IDAHO CODE, TO REVISE PROVISIONS RELATING TO THE DIS- 4 BURSEMENT OF MONEYS FROM THE ACCOUNTS OF THE IDAHO GRAPE GROWERS AND WINE 5 PRODUCERS COMMISSION, TO PROVIDE FOR BIENNIAL AUDITS OF MONEYS RECEIVED OR 6 EXPENDED BY THE COMMISSION AND TO MAKE TECHNICAL CORRECTIONS. 7 Be It Enacted by the Legislature of the State of Idaho: 8 SECTION 1. That Section 54-3607, Idaho Code, be, and the same is hereby 9 amended to read as follows: 10 54-3607. COMMISSION ACCOUNT. (1) The commission may accept tax receipts, 11 grants, donations and gifts of funds from any source for expenditure for any 12 purpose consistent with thisactchapter, which may be specified as a condi- 13 tion of any grant, donation or gift. All funds received under the provisions 14 of thisactchapter or as provided by law shall be paid to the commission and 15 shall be deposited into a bank account in the name of the Idaho grape growers 16 and wine producers commission. Moneys in the bank account are continuously 17 appropriated and made available for defraying the expenses of the commission 18 in carrying out the provisions of this chapter. Immediately upon receipt, all 19 moneys received by the commission shall be deposited in one (1) or more sepa- 20 rate accounts in the name of the commission in one (1) or more banks or trust 21 companies approved under chapter 27, title 67, Idaho Code, as state deposito- 22 ries. The commission shall designate such banks or trust companies. All funds 23 so deposited are hereby continuously appropriated for the purpose of carrying 24 out the provisions of this chapter. 25 (2) Funds can be withdrawn or paid out of such accounts only upon checks 26 or other orders upon such accounts signed bytwoone (21) officersdesignated 27 by the commission. 28 (3) The right is reserved to the state of Idaho to audit the funds of the 29 commission at any time. 30 (4) On or before January 15 of each year, the commission shall file with 31 the senate agricultural affairs committee, the house agricultural affairs com- 32 mittee, the legislative council, the state controller, and the division of 33 financial management, a report showing the annual income and expenses by stan- 34 dard classification of the commission during the preceding fiscal year. The 35 report shall also include an estimate of income to the commission for the cur- 36 rent and next fiscal year and a projection of anticipated expenses by category 37 for the current and next fiscal year. From and after January 15, 1989, the 38 report shall also include a reconciliation between the estimated income and 39 expenses projected and the actual income and expenses of the preceding fiscal 40 year. 41 (5) All moneys received or expended by the commission shall be audited 42annuallybiennially by a certified public accountant designated by the commis- 43 sion, who shall furnish a copy of such audit to the director of legislative 2 1 services and to the senate agricultural affairs committee and the house agri- 2 cultural affairs committee. The audit shall be completed within ninety (90) 3 days following the close of the fiscal year. 4 (6) The expenditures of the commission are expressly exempted from the 5 provisions of sections 67-2007 and 67-2008, Idaho Code.
STATEMENT OF PURPOSE RS 16609 The purpose of this legislation is to make two changes to the Idaho Grape Growers and Wine Producers Commission. First it reduced the requirement of two signatures to one on the checking account and second it changes the audit to biennially from annually as recommended by Legislative Audits. FISCAL IMPACT There is no fiscal impact to the General Fund. Contact Name: Rep. Darrell Bolz Phone: 332-1000 Sen. Patti Anne Lodge STATEMENT OF PURPOSE/FISCAL NOTE H 50