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.