S0531

	2023 -- S 0531
	========
	LC002226
	========
	STATE OF RHODE ISLAND
	IN GENERAL ASSEMBLY
	JANUARY SESSION, A.D. 2023
	____________
	A N A C T
	RELATING TO PUBLIC FINANCE -- STATE FUNDS

	Introduced By: Senators McKenney, Burke, Tikoian, LaMountain, DiMario, and Euer
	Date Introduced: March 07, 2023
	Referred To: Senate Finance
	It is enacted by the General Assembly as follows:
1	SECTION 1. Section 35-4-27 of the General Laws in Chapter 35-4 entitled "State Funds"
2	is hereby amended to read as follows:
3	35-4-27. Indirect cost recoveries on restricted receipt accounts.
4	Indirect cost recoveries of ten percent (10%) of cash receipts shall be transferred from all
5	restricted-receipt accounts, to be recorded as general revenues in the general fund. However, there
6	shall be no transfer from cash receipts with restrictions received exclusively: (1) From contributions
7	from nonprofit charitable organizations; (2) From the assessment of indirect cost-recovery rates on
8	federal grant funds; or (3) Through transfers from state agencies to the department of administration
9	for the payment of debt service. These indirect cost recoveries shall be applied to all accounts,
10	unless prohibited by federal law or regulation, court order, or court settlement. The following
11	restricted receipt accounts shall not be subject to the provisions of this section:
12	Executive Office of Health and Human Services
13	Organ Transplant Fund
14	HIV Care Grant Drug Rebates
15	Health System Transformation Project
16	Rhode Island Statewide Opioid Abatement Account
17	HCBS Support-ARPA
18	HCBS Admin Support-ARPA
19	Department of Human Services

1	Veterans’ home — Restricted account
2	Veterans’ home — Resident benefits
3	Pharmaceutical Rebates Account
4	Demand Side Management Grants
5	Veteran’s Cemetery Memorial Fund
6	Donations — New Veterans’ Home Construction
7	Department of Health
8	Pandemic medications and equipment account
9	Miscellaneous Donations/Grants from Non-Profits
10	State Loan Repayment Match
11	Healthcare Information Technology
12	Department of Behavioral Healthcare, Developmental Disabilities and Hospitals
13	Eleanor Slater non-Medicaid third-party payor account
14	Hospital Medicare Part D Receipts
15	RICLAS Group Home Operations
16	Commission on the Deaf and Hard of Hearing
17	Emergency and public communication access account
18	Department of Environmental Management
19	National heritage revolving fund
20	Environmental response fund II
21	Underground storage tanks registration fees
22	De Coppet Estate Fund
23	Rhode Island Historical Preservation and Heritage Commission
24	Historic preservation revolving loan fund
25	Historic Preservation loan fund — Interest revenue
26	Department of Public Safety
27	E-911 Uniform Emergency Telephone System
28	Forfeited property — Retained
29	Forfeitures — Federal
30	Forfeited property — Gambling
31	Donation — Polygraph and Law Enforcement Training
32	Rhode Island State Firefighter’s League Training Account
33	Fire Academy Training Fees Account
34	Attorney General
	LC002226 - Page 2 of 5
1	Forfeiture of property
2	Federal forfeitures
3	Attorney General multi-state account
4	Forfeited property — Gambling
5	Department of Administration
6	OER Reconciliation Funding
7	Health Insurance Market Integrity Fund
8	RI Health Benefits Exchange
9	Information Technology Investment Fund
10	Restore and replacement — Insurance coverage
11	Convention Center Authority rental payments
12	Investment Receipts — TANS
13	OPEB System Restricted Receipt Account
14	Car Rental Tax/Surcharge-Warwick Share
15	Grants Management Administration
16	Executive Office of Commerce
17	Housing Resources Commission Restricted Account
18	Housing Production Fund
19	Department of Revenue
20	DMV Modernization Project
21	Jobs Tax Credit Redemption Fund
22	Legislature
23	Audit of federal assisted programs
24	Department of Children, Youth and Families
25	Children’s Trust Accounts — SSI
26	Military Staff
27	RI Military Family Relief Fund
28	RI National Guard Counterdrug Program
29	Treasury
30	Admin. Expenses — State Retirement System
31	Retirement — Treasury Investment Options
32	Defined Contribution — Administration - RR
33	Violent Crimes Compensation — Refunds
34	Treasury Research Fellowship
	LC002226 - Page 3 of 5
1	Business Regulation
2	Banking Division Reimbursement Account
3	Office of the Health Insurance Commissioner Reimbursement Account
4	Securities Division Reimbursement Account
5	Commercial Licensing and Racing and Athletics Division Reimbursement Account
6	Insurance Division Reimbursement Account
7	Historic Preservation Tax Credit Account
8	Marijuana Trust Fund
9	Social Equity Assistance Fund
10	Judiciary
11	Arbitration Fund Restricted Receipt Account
12	Third-Party Grants
13	RI Judiciary Technology Surcharge Account
14	Department of Elementary and Secondary Education
15	Statewide Student Transportation Services Account
16	School for the Deaf Fee-for-Service Account
17	School for the Deaf — School Breakfast and Lunch Program
18	Davies Career and Technical School Local Education Aid Account
19	Davies — National School Breakfast & Lunch Program
20	School Construction Services
21	Office of the Postsecondary Commissioner
22	Higher Education and Industry Center
23	IGT STEM Scholarships
24	Department of Labor and Training
25	Job Development Fund
26	Rhode Island Council on the Arts
27	Governors’ Portrait Donation Fund
28	Statewide records management system account
29	Workers' Compensation Administrative Fund
30	SECTION 2. This act shall take effect upon passage.
	========
	LC002226
	========
	LC002226 - Page 4 of 5
	EXPLANATION
	BY THE LEGISLATIVE COUNCIL
	OF
	A N A C T
	RELATING TO PUBLIC FINANCE -- STATE FUNDS
	***
1	This act would add the workers' compensation administration fund to those restricted
2	receipt accounts not subject to indirect cost recoveries.
3	This act would take effect upon passage.
	========
	LC002226
	========
	LC002226 - Page 5 of 5