_______________________________________________
SUBSTITUTE
SENATE BILL 6045
_______________________________________________
Passed
Legislature - 1997 Regular Session
State
of Washington 55th Legislature 1997 Regular Session
By
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.
Passed the Senate April 10, 1997.
Passed the House April 18, 1997.
Approved by the Governor May
6, 1997.
Filed
in Office of Secretary of State May 6, 1997.
