Amends existing law to revise duties of the State Treasurer, to modernize language and to reflect current practices.
STATE TREASURER -- Amends existing law to revise duties of the State Treasurer, to modernize language and to reflect current practices.
STATEMENT OF PURPOSE
The purpose of this legislation is to modernize language and to reflect current practices. Section 2 is being changed to reflect modern practices and because a referenced section of Idaho Code has since been repealed. Section 3 is being updated to reflect current practices: Receipts are created by various sources and some are automated through bank files. Furthermore, receipts are numbered uniquely, but not sequentially. Section 8 is being updated to reflect that the Treasurer does not identify purpose of payments and cannot report which payments were specifically for the redemption of bonds. Section 10 is being updated because there is not a date prescribed in Code. Section 11 is being updated to reflect that with modern practices many writings and papers are in an electronic format.
HOW THEY VOTED
House Third Reading
YEA (69)
NAY (0)
ABSENT / NOT VOTING (1)
Senate Third Reading
YEA (35)
NAY (0)
LATEST ACTION
Reported Signed by Governor on March 24, 2017 Session Law Chapter 140 Effective: 07/01/2017
BILL INFO
- Session
- 2017
- Chamber
- house
- Status date
- Mar 24, 2017