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ID S1245
Bill
Status
2/27/2020
Primary Sponsor
State Affairs Committee
Click for details
AI Summary
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Amends Idaho Code Section 59-1014 to clarify deposit requirements for state officers and agencies receiving money, checks, or evidences of indebtedness on behalf of the state.
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Requires daily deposits with the state treasurer when cash, checks, or other evidences of indebtedness accumulated during any 24-hour period totals $200 or more; weekly deposits required in all other situations.
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Allows state officers to deposit at different intervals only if specifically granted permission by resolution of the board of examiners pursuant to Idaho Code Section 67-2025.
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Makes technical corrections to statutory language regarding the state treasurer's receipt and handling of bank drafts, checks, and money orders accepted as cash items by banks.
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Maintains existing penalties for violations: misdemeanor conviction punishable by fine not exceeding $500, imprisonment in county jail not exceeding 6 months, or both.
Legislative Description
Amends existing law to clarify provisions regarding deposits of certain funds.
PUBLIC OFFICERS
Last Action
Session Law Chapter 29 Effective: 07/01/2020
2/27/2020