FINAL BILL REPORT

SSB 6572

This analysis was prepared by non-partisan legislative staff for the use of legislative members in their deliberations. This analysis is not a part of the legislation nor does it constitute a statement of legislative intent.

PARTIAL VETO

C 9 L 10 E 1

Synopsis as Enacted

Brief Description: Eliminating certain accounts.

Sponsors: Senate Committee on Ways & Means (originally sponsored by Senator Tom; by request of Office of Financial Management).

Senate Committee on Ways & Means

House Committee on Ways & Means

Background: In addition to the state General Fund, which may be expended for any lawful purpose, the state maintains several hundred funds and accounts that are dedicated to a particular statutory purpose. These accounts generally fall into one of three categories: (1) accounts located in the state treasury, thereby subject to appropriation by the Legislature; (2) accounts held in the custody of the State Treasurer and typically not subject to legislative appropriation; and (3) accounts located in state agencies and institutions of higher education, known as local accounts. Some funds and accounts, due to lack of recent activity, have been deemed by the Office of Financial Management to be inactive accounts.

Summary: The following inactive funds and accounts are abolished:

Any residual balance remaining in these funds is transferred to the state General Fund. In addition, the remaining balance in the School Construction Revolving Fund, created in 1990 by an uncodified section of the state budget act, and the Employment and Training Act repealed in 1993, is also transferred to the state General Fund.

Votes on Final Passage:

Senate

48

0

First Special Session

Senate

41

0

House

92

0

Effective:

July 1, 2010

Partial Veto Summary: The Governor vetoed a section that amended a reference to the Special Purpose District Research Services Account because the same section was amended in another bill enacted during the 2010 legislative session. This veto prevents a double amendment of that section.