2005 Idaho Code - 54-3607 — COMMISSION ACCOUNT

                                  TITLE  54
                                  CHAPTER 36
    54-3607.  COMMISSION ACCOUNT. (1) The commission may accept tax receipts,
grants, donations and gifts of funds from any source for expenditure for any
purpose consistent with this act, which may be specified as a condition of any
grant, donation or gift. All funds received under the provisions of this act
or as provided by law shall be paid to the commission and shall be deposited
into a bank account in the name of the Idaho grape growers and wine producers
commission. Moneys in the bank account are continuously appropriated and made
available for defraying the expenses of the commission in carrying out the
provisions of this chapter. Immediately upon receipt, all moneys received by
the commission shall be deposited in one (1) or more separate accounts in the
name of the commission in one (1) or more banks or trust companies approved
under chapter 27, title 67, Idaho Code, as state depositories. The commission
shall designate such banks or trust companies. All funds so deposited are
hereby continuously appropriated for the purpose of carrying out the
provisions of this chapter.
    (2)  Funds can be withdrawn or paid out of such accounts only upon checks
or other orders upon such accounts signed by two (2) officers designated by
the commission.
    (3)  The right is reserved to the state of Idaho to audit the funds of the
commission at any time.
    (4)  On or before January 15 of each year, the commission shall file with
the senate agricultural affairs committee, the house agricultural affairs
committee, the legislative council, the state controller, and the division of
financial management, a report showing the annual income and expenses by
standard classification of the commission during the preceding fiscal year.
The report shall also include an estimate of income to the commission for the
current and next fiscal year and a projection of anticipated expenses by
category for the current and next fiscal year. From and after January 15,
1989, the report shall also include a reconciliation between the estimated
income and expenses projected and the actual income and expenses of the
preceding fiscal year.
    (5)  All moneys received or expended by the commission shall be audited
annually by a certified public accountant designated by the commission, who
shall furnish a copy of such audit to the director of legislative services and
to the senate agricultural affairs committee and the house agricultural
affairs committee. The audit shall be completed within ninety (90) days
following the close of the fiscal year.
    (6)  The expenditures of the commission are expressly exempted from the
provisions of sections 67-2007 and 67-2008, Idaho Code.

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