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ID S1265
Bill
Status
2/13/2020
Primary Sponsor
Local Government and Taxation Committee
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AI Summary
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Removes obsolete language from Idaho Code Section 67-450E regarding the 2015 initial registry submission deadline and the requirement for county clerks to notify local governing entities of reporting requirements.
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Revises financial reporting requirements to require submission of "an unaudited comparison of the budget to actual revenues and expenditures" instead of "the most recent adopted budget" for the most recently completed fiscal year.
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Eliminates the requirement that local governing entities notify their appointing authority within five days of submitting information to the central registry.
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Maintains all other provisions of Section 67-450E including the central registry system, annual reporting deadlines of December 1, administrative and financial information requirements, and penalties for noncompliance.
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Preserves separate state tax commission reporting requirements and does not affect other local governing entity reporting obligations.
Legislative Description
Amends existing law to remove obsolete language, to revise a provision regarding revenues and expenditures, and to remove a provision regarding notification by a local governing entity.
LOCAL GOVERNING ENTITIES CENTRAL REGISTRY
Last Action
U.C. to hold place on third reading calendar one legislative day
3/18/2020