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ID S1307

Bill

Status

Passed

3/11/2020

Primary Sponsor

State Affairs Committee

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Origin

Senate

2020 Regular Session

AI Summary

  • Amends Idaho Code Section 67-3516 to allow receipts from the sale of a motor vehicle to be transferred to operating expenditures with approval of the division of financial management.

  • Previously, receipts from the sale of capital outlay items were restricted to capital outlay expenditures; this change creates an exception for motor vehicle sales.

  • Requires division of financial management approval for transferring motor vehicle sale receipts to operating expenditures, notwithstanding the restrictions in Section 67-3511(3).

  • Makes technical corrections to clarify that receipts from capital outlay sales and insurance claim settlements must be identified at an object code level.

Legislative Description

Amends existing law to provide that receipts from the sale of a motor vehicle may be transferred to operating expenditures in certain instances.

STATE BUDGET

Last Action

Session Law Chapter 92 Effective: 07/01/2020

3/11/2020

Committee Referrals

State Affairs2/21/2020
State Affairs2/10/2020
Judiciary and Rules2/7/2020

Full Bill Text

No bill text available