Idaho Bills

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

This legislation amends Idaho Code 67-3516, to provide that receipts from the sale of a motor vehicle may be transferred to operating expenditures in certain instances.

Amends existing law to revise a provision regarding the classification and standardization of certain items.

This legislation amends Section 67-3508, Idaho Code, by changing the criteria for some items to be coded to capital outlay from the current useful life of more than two years to those items that meet the State Controller's fiscal policy for inventoriable capital assets.

Repeals existing law relating to equitable distribution of government overhead expense.

Section 67-3524, Idaho Code, established the equitable distribution of government overhead expenses for the State Controller's Office financial transactions and personnel/payroll processing. Section 67-3531, Idaho Code, also allows for this equitable distribution for government overhead expenses through the annual statewide indirectcostallocationplan, therefore67-3524isnolongerrequired. Thislegislationwouldremoveaduplicate code section that is no longer in use.