2014 -- S 2216 SUBSTITUTE B
Enacted 06/24/14
A N A C T
RELATING TO PUBLIC FINANCE -- STATE FUNDS
Introduced By: Senators Sosnowski, Miller, Pichardo, Picard, and Bates
Date Introduced: January 30, 2014
It is enacted by the General Assembly as follows:
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:
Executive Office of Health and Human Services
Organ Transplant Fund
HIV Care Grant Drug Rebates
Department of Human Services
Veterans' home – Restricted account
Veterans' home – Resident benefits
Pharmaceutical Rebates Account
Demand Side Management Grants
Organ
transplant fund
Veteran's Cemetery Memorial Fund
Donations- New Veterans' Home Construction
Department of Health
Providence Water Lead Grant
Pandemic medications and equipment account
Department of Behavioral Healthcare, Developmental Disabilities and Hospitals
Eleanor Slater non-Medicaid third-party payor account
Hospital Medicare Part D Receipts
RICLAS Group Home Operations
Commission on the Deaf and Hard of Hearing
Emergency and public communication access account
Department of Environmental Management
National heritage revolving fund
Environmental response fund II
Underground storage tanks registration fees
Rhode Island Historical Preservation and Heritage Commission
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
Fire Academy Training Fees Account
Attorney General
Forfeiture of property
Federal forfeitures
Attorney General multi-state account
Forfeited property – Gambling
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
Housing Resources Commission Restricted Account
Legislature
Audit of federal assisted programs
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
Violent Crimes Compensation – Refunds
Treasury Research Fellowship
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
Third-Party Grants
Department of Elementary and Secondary Education
Statewide Student Transportation Services Account
School for the Deaf Fee for Service Account
Davies Career and Technical School Local Education Aid Account
Department of Labor and Training
Job Development Fund – Title XII loans principal and interest
Department of Transportation
Rhode Island Highway Maintenance Account
SECTION 2. The provision relating to the Job Development Fund shall take effect on July 1, 2014, notwithstanding the provision of Article 3, Section 4 of 2014 H-7133 Substitute A, entitled "AN ACT MAKING APPROPRIATIONS FOR THE SUPPORT OF THE STATE FOR THE FISCAL YEAR ENDING JUNE 30, 2015." The remainder of the act shall take effect on January 1, 2014.
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LC003644/SUB B/2
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