Introduced By: Senators Lenihan and Patterson
Date Introduced : February 3, 1999
It is enacted by the General Assembly as follows:
SECTION 1. Chapter 35-20 of the General Laws entitled "Public Corporation Financial Integrity and Accountability" is hereby amended by adding thereto the following section:
{ADD 35-20-9. Financial Estimates for Public Corporations. -- ADD} {ADD Itemized estimates of the financial needs of each public coporation shall be submitted by each chairperson or chief executive officer of a public corporation to the governor through the budget officer of the department of administration. The estimate shall be in such form, and in such number of copies, and with such explanation as the budget officer may require. The budget officer shall also provide copies of the estimates to the house fiscal advisor and the senate fiscal advisor. ADD}
SECTION 2. This act shall take effect upon passage.
