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2013 -- S 0738 | |
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LC01935 | |
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STATE OF RHODE ISLAND | |
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IN GENERAL ASSEMBLY | |
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JANUARY SESSION, A.D. 2013 | |
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A N A C T | |
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RELATING TO TOWNS AND CITIES - AUDIT OF ACCOUNTS AND INSTALLATION OF | |
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SYSTEMS | |
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Introduced By: Senators DiPalma, Pichardo, Pearson, Ottiano, and Cool Rumsey | |
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Date Introduced: March 13, 2013 | |
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Referred To: Senate Finance | |
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It is enacted by the General Assembly as follows: | |
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SECTION 1. Section 45-10-16 of the General Laws in Chapter 45-10 entitled "Audit of |
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Accounts and Installation of Systems" is hereby amended to read as follows: |
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45-10-16. Advisory council on municipal finances. -- (a) In order to strengthen the |
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fiscal accountability of cities, towns and municipalities in Rhode Island an advisory council on |
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municipal finances is hereby formed. The council is composed of five (5) members as follows: |
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(1) The auditor general of the state of Rhode Island or his or her designee; |
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(2) The executive director of the Rhode Island League of Cities and |
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his or her designee; |
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(3) The executive director of the Rhode Island League of Cities and Towns shall appoint |
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a representative of the Government Finance Officers Association; |
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(4) The director of the department of revenue or his or her designee; |
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(5) The state controller or his or her designee. |
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The auditor general or his or her designee shall serve as chair of the council. |
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(b) The council shall develop recommendations for a uniform system of accounting, |
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including a chart of accounts for all cities, towns and municipalities. These recommendations |
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shall take into consideration the work of the advisory council on school finances pursuant to the |
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requirements of section 16-2-9.3. The council shall recommend changes in accounting procedures |
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to be adopted by cities, towns and municipalities. In addition, the council shall apprise municipal |
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business officials, city and town councils, and other municipal leaders about sound fiscal |
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practices and current state and federal rules and regulations regarding municipal finance. All |
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recommendations of the council shall be advisory in nature. |
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(c) The council shall meet at least one time each year. The council shall report its |
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activities and recommendations to the chairs of the house and senate committees on finance, the |
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senate committee on housing and municipal government, the house committee on municipal |
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government, and the office of the governor. The council's initial recommendations shall be |
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submitted by July 1, 2009. A second report shall be filed on April 15, 2013. |
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SECTION 2. This act shall take effect upon passage. |
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LC01935 | |
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EXPLANATION | |
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BY THE LEGISLATIVE COUNCIL | |
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OF | |
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A N A C T | |
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RELATING TO TOWNS AND CITIES - AUDIT OF ACCOUNTS AND INSTALLATION OF | |
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SYSTEMS | |
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This act would require the advisory counsel on municipal finances to file a second report |
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relating to its activities and recommendations with various general assembly committees and the |
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governor by April 15, 2013. |
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This act would take effect upon passage. |
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LC01935 | |
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