BILL ANALYSIS Ó
SB 1578
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Date of Hearing: June 20, 2012
ASSEMBLY COMMITTEE ON GOVERNMENTAL ORGANIZATION
Isadore Hall, Chair
SB 1578 (Committee on Governmental Organization) - As
Introduced: March 20, 2012
SENATE VOTE : 37-0
SUBJECT : State Treasurer
SUMMARY : Makes clarifying changes to outdated provisions of
law relating to the State Treasurer's Office (STO) in order to
modernize its business practices. Specifically, this bill :
1)Removes the STO's authority to appoint certain officers.
2)Eliminates the powers and authority granted to certain
employees of the STO.
3)Requires the STO to be kept open for business from 8 a.m.
until 5 p.m. unless otherwise provided by law.
EXISTING LAW
1)Requires the STO to, among other things, receive and keep in
the vaults of the STO or deposit in banks or credit unions all
moneys belonging to the state, keep an account of all moneys
received and disbursed, and report daily to the California
State Controller the amounts disbursed during the preceding
day and the funds out of which disbursements were paid.
2)Authorizes the STO to appoint as civil executive officers: one
cashier, one bond officer, one deposit officer, one vault
officer, one principal accountant, one bookkeeper, and one
secretary stenographer.
3)Grants certain employees of the STO office when performing
assigned duties, as specified, with the powers and authority
conferred by law upon peace officers.
4)Requires the STO to close at 4:00 p.m.
FISCAL EFFECT : Unknown
SB 1578
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COMMENTS :
Purpose of the bill : This bill deletes provisions in current law
that impacts the STO. The current provisions are not consistent
with STO business practices. This bill is necessary to avoid
any conflicts that could arise if STO staff follows current law.
Arguments in Support : The provisions that this bill seeks to
delete were relevant when the STO operated like a bank and
actually had a "teller" window. For example, the bill deletes
language that permits the STO to close at 4 p.m. Since cashing
services are no longer available, the STO remains open until
5:00 p.m. The deletion of this language would make the law
consistent with actual STO practice.
In addition, the STO claims that, "Section 2 deletes specific
job classification language that is obsolete. Section 3 and 4
would remove provisions allowing STO employees who perform guard
or messenger duties the same powers and authority conferred by
law upon peace officers in both the Government Code and Penal
Code Sections. This statute was relevant when the "bank teller"
window was active and messengers were transporting cash in and
out of the building. Further, my office does not employ peace
officers and we see no reason going forward to require peace
officers status for any employee of our office."
REGISTERED SUPPORT / OPPOSITION :
Support
State Treasurer's Office
Opposition
None on file
Analysis Prepared by : Felipe Lopez / G. O. / (916) 319-2531