ARTICLE
14 AS AMENDED
RELATING TO
RESTRICTED RECEIPT ACCOUNTS
     SECTION 1. Section 35-4-27 of the General Laws in Chapter
35-4 entitled “State Funds” 
is hereby amended to read as follows:
     35-4-27. Indirect
cost recoveries on restricted receipt accounts. -- Indirect cost 
recoveries of ten percent (10%) of cash receipts shall be
transferred from all restricted receipt 
accounts, to be recorded as general revenues in the general
fund. However, there shall be no 
transfer from cash receipts with restrictions received
exclusively: (1) from contributions from 
non-profit charitable organizations; (2) from the assessment of
indirect cost recovery rates on 
federal grant funds; or (3) through transfers from state
agencies to the department of 
administration for the payment of debt service. These indirect cost
recoveries shall be applied to 
all accounts, unless prohibited by federal law or
regulation, court order, or court settlement. The 
following restricted receipt accounts shall not be subject to
the provisions of this section: 
     Department of Human
Services 
     Veterans' home –
Restricted account 
     Veterans' home –
Resident benefits 
     Organ transplant fund 
     Veteran's Cemetery
Memorial Fund 
     Department of Health 
     Pandemic medications and
equipment account 
     Department of Mental
Health, Retardation and Hospitals 
     Eleanor Slater
non-Medicaid third-party payor account
     Hospital Medicare Part D
Receipts 
     RICLAS Group Home
Operations 
     Vigneron
Memorial Fund Grant
     Department of
Environmental Management 
     National heritage
revolving fund 
     Environmental response
fund II 
     Underground storage
tanks registration fees
     
     Art for public
facilities fund 
     
     
     Historic preservation
revolving loan fund 
     Historic Preservation
loan fund – Interest revenue 
     Department of Public
Safety 
     Forfeited property –
Retained 
     Forfeitures – Federal 
     Forfeited property –
Gambling 
     Donation – Polygraph and
Law Enforcement Training 
     Rhode Island State
Firefighter’s League Training Account 
     
     Attorney General 
     Forfeiture of property 
     Federal forfeitures 
     Attorney General
multi-state account 
     Department of
Administration 
     Office of Management
and Budget
     Information
Technology Investment Fund
     Restore and replacement
– Insurance coverage 
     Convention Center
Authority rental payments 
     Investment Receipts –
TANS 
     Car Rental
Tax/Surcharge-Warwick Share 
     OPEB System Restricted
Receipt Account 
     ARRA Administrative
Expenses – Bureau of Audits 
     ARRA Administrative
Expenses – Purchasing 
     Legislature 
     Audit of federal
assisted programs 
     Department of Elderly
Affairs 
     Pharmaceutical Rebates
Account 
     Department of Children
Youth and Families 
     Children's Trust
Accounts – SSI 
     Military Staff 
     RI Military Family
Relief Fund 
     RI National Guard
Counterdrug Program
     Treasury 
     Admin.
Expenses – State Retirement System 
     Retirement – Treasury
Investment Options 
     Business Regulation 
     Banking Division
Reimbursement Account 
     Office of the Health
Insurance Commissioner Reimbursement Account 
     Securities Division
Reimbursement Account 
     Commercial Licensing and
Racing and Athletics Division Reimbursement Account 
     Insurance Division
Reimbursement Account 
     Historic
Preservation Tax Credit Account. 
     Judiciary 
     Arbitration Fund
Restricted Receipt Account 
     Department of Elementary
and Secondary Education 
     Statewide Student
Transportation Services Account 
     School for the Deaf Fee
for Service Account 
     Davies Career and 
     Early Childhood Grant
Program Account 
     Office of the Governor 
     ARRA Administrative
Expenses – Office of Economic Recovery and ReInvestment
     Department of Labor and
Training 
     Job Development Fund –
Title XII loans principal and interest 
     SECTION 2. Chapter 16-48 of the General Laws entitled
“Education Services to Very 
Young Children” is hereby
amended by adding thereto the following section:
     16-48-9.
Non-governmental funding for early childhood education. --
There is hereby 
established in the department of elementary and secondary
education an early childhood 
education program restricted receipt account referred to as
“Early Childhood Grant Program 
Account.” The department of elementary and secondary education
shall deposit into this account 
any funds received from non-governmental sources for the
purpose of funding early childhood 
education programs. All such sums deposited shall be exempt
from the indirect cost recovery 
provisions of section 35-4-27.
     SECTION 3. This article shall take effect upon passage and
shall apply retroactively to 
July 1, 2011.