FINAL BILL REPORT

SSB 5287

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.

C 251 L 13

Synopsis as Enacted

Brief Description: Eliminating accounts and funds.

Sponsors: Senate Committee on Ways & Means (originally sponsored by Senators Hill and Hargrove; by request of Office of Financial Management).

Senate Committee on Ways & Means

House Committee on Appropriations

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 particular statutory purposes. 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, were deemed by the Office of Financial Management (OFM) to be inactive accounts.

Summary: The following accounts are eliminated:

Various statutory references to these accounts are eliminated or modified. Technical corrections are made to the Enterprise Services Account. Remaining monies in the accounts being eliminated are transferred to the state general fund or other relevant fund.

The State Treasurer, OFM, and the Code Reviser must review and recommend repeal or decodification of obsolete capital construction accounts and bond authorization statutes. Their recommendations will be submitted to the 2015 Legislature.

Votes on Final Passage:

Senate

48

0

House

96

0

(House amended)

Senate

47

0

(Senate concurred)

Effective:

June 30, 2013

Contingent (Section 4)