2019 -- S 0432

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LC001699

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2019

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A N   A C T

RELATING TO PUBLIC FINANCE - STATE FUNDS

     

     Introduced By: Senator William J. Conley

     Date Introduced: February 27, 2019

     Referred To: Senate Finance

     (Judiciary)

It is enacted by the General Assembly as follows:

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     SECTION 1. Section 35-4-27 of the General Laws in Chapter 35-4 entitled "State Funds"

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is hereby amended to read as follows:

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     35-4-27. Indirect cost recoveries on restricted receipt accounts.

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     Indirect cost recoveries of ten percent (10%) of cash receipts shall be transferred from all

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restricted-receipt accounts, to be recorded as general revenues in the general fund. However, there

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shall be no transfer from cash receipts with restrictions received exclusively: (1) From

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contributions from non-profit charitable organizations; (2) From the assessment of indirect cost-

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recovery rates on federal grant funds; or (3) Through transfers from state agencies to the

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department of administration for the payment of debt service. These indirect cost recoveries shall

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be applied to all accounts, unless prohibited by federal law or regulation, court order, or court

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settlement. The following restricted receipt accounts shall not be subject to the provisions of this

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section:

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     Executive Office of Health and Human Services

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     Organ Transplant Fund

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     HIV Care Grant Drug Rebates

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     Department of Human Services

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     Veterans' home -- Restricted account

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     Veterans' home -- Resident benefits

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     Pharmaceutical Rebates Account

 

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     Demand Side Management Grants

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     Veteran's Cemetery Memorial Fund

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     Donations -- New Veterans' Home Construction

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     Department of Health

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     Pandemic medications and equipment account

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     Miscellaneous Donations/Grants from Non-Profits

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     State Loan Repayment Match

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     Department of Behavioral Healthcare, Developmental Disabilities and Hospitals

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     Eleanor Slater non-Medicaid third-party payor account

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     Hospital Medicare Part D Receipts

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     RICLAS Group Home Operations

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     Commission on the Deaf and Hard of Hearing

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     Emergency and public communication access account

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     Department of Environmental Management

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     National heritage revolving fund

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     Environmental response fund II

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     Underground storage tanks registration fees

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     Rhode Island Historical Preservation and Heritage Commission

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     Historic preservation revolving loan fund

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     Historic Preservation loan fund -- Interest revenue

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     Department of Public Safety

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     Forfeited property -- Retained

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     Forfeitures -- Federal

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     Forfeited property -- Gambling

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     Donation -- Polygraph and Law Enforcement Training

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     Rhode Island State Firefighter's League Training Account

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     Fire Academy Training Fees Account

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     Attorney General

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     Forfeiture of property

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     Federal forfeitures

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     Attorney General multi-state account

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     Forfeited property -- Gambling

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     Department of Administration

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     OER Reconciliation Funding

 

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     RI Health Benefits Exchange

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     Information Technology Investment Fund

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     Restore and replacement -- Insurance coverage

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     Convention Center Authority rental payments

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     Investment Receipts -- TANS

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     OPEB System Restricted Receipt Account

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     Car Rental Tax/Surcharge-Warwick Share

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     Executive Office of Commerce

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     Housing Resources Commission Restricted Account

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     Department of Revenue

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     DMV Modernization Project

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     Jobs Tax Credit Redemption Fund

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     Legislature

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     Audit of federal assisted programs

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     Department of Children, Youth and Families

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     Children's Trust Accounts -- SSI

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     Military Staff

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     RI Military Family Relief Fund

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     RI National Guard Counterdrug Program

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     Treasury

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     Admin. Expenses -- State Retirement System

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     Retirement -- Treasury Investment Options

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     Defined Contribution -- Administration - RR

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     Violent Crimes Compensation -- Refunds

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     Treasury Research Fellowship

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     Business Regulation

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     Banking Division Reimbursement Account

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     Office of the Health Insurance Commissioner Reimbursement Account

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     Securities Division Reimbursement Account

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     Commercial Licensing and Racing and Athletics Division Reimbursement Account

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     Insurance Division Reimbursement Account

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     Historic Preservation Tax Credit Account

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     Judiciary

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     Arbitration Fund Restricted Receipt Account

 

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     Third-Party Grants

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     RI Judiciary Technology Surcharge Account

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     Indirect Cost Recovery – Supreme Court

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     Victims' Rights Information

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     RI Supreme Court Disciplinary Counsel

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     Small Claims Mediation

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     Department of Elementary and Secondary Education

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     Statewide Student Transportation Services Account

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     School for the Deaf Fee-for-Service Account

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     School for the Deaf -- School Breakfast and Lunch Program

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     Davies Career and Technical School Local Education Aid Account

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     Davies -- National School Breakfast & Lunch Program

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     School Construction Services

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     Office of the Postsecondary Commissioner

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     Higher Education and Industry Center

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     Department of Labor and Training

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     Job Development Fund

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     SECTION 2. This act shall take effect upon passage.

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO PUBLIC FINANCE - STATE FUNDS

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     This act would add the Judiciary's Indirect Cost Recovery – Supreme Court, Victims'

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Rights Information, RI Supreme Court Disciplinary Counsel and Small Claims Mediation

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accounts to the list of restricted receipt accounts which are not subject to indirect cost recovery.

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     This act would take effect upon passage.

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