CHAPTER 433

94-S 3459

Approved Jul. 14, 1994.

AN ACT RELATING TO STATE FUNDS

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:

{ADD 35-4-27. Indirect cost recoveries on restricted receipt accounts. -- ADD} Indirect cost recoveries of seven percent (7%) 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 such transfer from cash receipts with restrictions received exclusively from contributions from nonprofit charitable organizations. Such 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:

ACCOUNT PROGRAM 1052-80300 Ladd School--Patients' Benefit 1065-80300 IMH--Patients' Benefit 1072-80200 General Hospital--Patients' Benefit 1074-80300 Zambarano--Patients' Benefit 1101-80601 Indirect Cost Recovery 1143-80100 Forfeited Property--Drug Control 1210-80102 Indirect Cost Recoveries 1210-80103 Indirect Cost Recoveries 1210-80105 Indirect Cost Recoveries 1210-80106 Indirect Cost Recoveries {ADD 1235-80100 ADD} {ADD Veterans Home Collections ADD} 1235-80300 Veterans' Home-Resident Benefits 1260-80100 Organ Transplant Fund 1370-80100 Custody of U.S. Detainees 1370-80300 ACI-Inmate Benefits 1410-80100 Recovery of Indirect Costs 1725-80100 National Heritage Revolving Fund 1725-80300 Blackstone River Bicycle Study 1732-80800 Non-Game Wildlife Fund (G.L. 20-18) 1736-80600 Galilee Port Improvement 1751-81000 RIDOT Permits Program 1753-80200 UST Loan Fund 1754-80200 Environmental Response Fund Ii 1754-80700 RIDOT Quonset Cleanup 1759-80100 Underground Storage Tanks 1912-80200 R.I.P.T.A. 1932-80200 Gasoline Tax/Debt Service* 2024-80400 Asset Forfeiture Fund 2024-81200 Indirect Cost Recovery--SA 2061-80400 Art for Public Facilities Fund 2062-80500 Historic Preservation Revolving Loan Fund 2062-80600 Hp Rev. Loan Fund--Interest Revenue 2211-80100 Forfeiture of Property 2211-80600 Federal Forfeitures 2441-80100 COBRA 2450-80200 DEPCO Escrow Account 2473-80100 Public Service Corp. Tax--Admin. Expen. 2570-80100 Forfeited Property--Retained 2570-80200 Seized & Forfeited Prop-Fed Distrbd. 2570-80400 Forfeited Property--Gambling 2626-80100 Audit of Federal Assisted Programs 2816-80100 Arts and Tourism Development Fund 2920-80300 Debt Service on Borrowed Funds 3260-81500 Intermodal Surface Transportation Fund

SECTION 2. This act shall take effect upon passage.



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