Loading chat...

ID S1345

Bill

Official Source

Status

Introduced

2/23/2012

Primary Sponsor

Finance Committee

Click for details

Origin

Senate

2012 Regular Session

AI Summary

  • Amends Section 25-1174, Idaho Code to redirect unclaimed livestock proceeds that escheat to the state after 18 months from the public school fund to the State Board of Education's miscellaneous revenue fund
  • Unclaimed livestock sale proceeds deposited after 18 months shall be appropriated to public education and/or higher education programs that advance the livestock industry and agriculture
  • Idaho Cattle Foundation, Inc. shall recommend which programs receive the appropriated funds
  • Idaho Cattle Foundation must submit its recommendations to the State Board of Education no later than April 15 of each year

Legislative Description

Amends existing law relating to livestock proceeds to provide that certain moneys that escheat to the state shall be deposited into the State Board of Education's Miscellaneous Revenue Fund for appropriation to certain public education and/or higher education programs as recommended by the Idaho Cattle Foundation, Inc.

LIVESTOCK PROCEEDS

Last Action

PASSED

2/23/2012

Full Bill Text

No bill text available