S-2652.1  _______________________________________________

 

                    SUBSTITUTE SENATE BILL 6045

          _______________________________________________

 

State of Washington      55th Legislature     1997 Regular Session

 

By Senate Committee on Ways & Means (originally sponsored by Senators West, Spanel, Strannigan and Oke; by request of Governor Locke)

 

Read first time 04/01/97.

Creating the savings incentive account.


    AN ACT Relating to the efficient use of general fund moneys; adding new sections to chapter 43.79 RCW; and declaring an emergency.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

 

    NEW SECTION.  Sec. 1.  A new section is added to chapter 43.79 RCW to read as follows:

    (1) The savings incentive account is created in the custody of the state treasurer.  The account shall consist of all moneys appropriated to the account by the legislature.  The account is subject to the allotment procedures under chapter 43.88 RCW, but no appropriation is required for expenditures from the account.

    (2) Within the savings incentive account, the state treasurer may create subaccounts to be credited with moneys attributable to individual state agencies, as determined by the office of financial management in consultation with the legislative fiscal committees.  Moneys deposited in the subaccounts may be expended only on the authorization of the agency's executive head or designee and only for the purpose of one-time expenditures to improve the quality, efficiency, and effectiveness of services to customers of the state, such as one-time expenditures for employee training, employee incentives, technology improvements, new work processes, or performance measurement.  Funds may not be expended from the account to establish new programs or services, expand existing programs or services, or incur ongoing costs that would require future expenditures.

    (3) For purposes of this section, "incentive savings" means state general fund appropriations that are unspent as of June 30th of a fiscal year, excluding any amounts included in across-the-board reductions under RCW 43.88.110 and excluding unspent appropriations for (a) caseload and enrollment in entitlement programs, (b) enrollments in state institutions of higher education, (c) a specific amount contained in a condition or limitation to an appropriation in the biennial appropriations act, if the agency did not achieve the purpose of the condition or limitation, (d) debt service on state obligations, and (e) state retirement system obligations.  The office of fiscal management, after consulting with the legislative fiscal committees, shall report to the treasurer the amount of savings incentives achieved.

    (4) By December 1, 1998, and each December 1st thereafter, the office of financial management shall submit a report to the fiscal committees of the legislature on the implementation of this section.  The report shall (a) evaluate the impact of this section on agency reversions and end-of-biennium expenditure patterns, and (b) itemize agency expenditures from the savings recovery account.

 

    NEW SECTION.  Sec. 2.  A new section is added to chapter 43.79 RCW to read as follows:

    The education savings account is created in the custody of the state treasurer.  The account shall consist of all moneys appropriated to the account by the legislature.  The account is subject to the allotment procedures under chapter 43.88 RCW, but no appropriation is required for expenditures from the account.

    Expenditures from the account may be authorized solely by the state board of education and solely for (1) common school construction projects that are eligible for funding from the common school construction account, and (2) technology improvements in the common schools.

 

    NEW SECTION.  Sec. 3.  This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and takes effect immediately.

 


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