[Approved by Governor May 1, 2013. Filed with Secretary of State May 1, 2013.]
AB 113, Committee on Budget. Budget Act of 2012.
The Budget Act of 2012 appropriated $53,526,000 to the Secretary of State for purposes of filings and registrations during the 2012-13 fiscal year.
This bill would increase this appropriation by $1,600,000 to $55,126,000. The bill would require that this increase be used for costs associated with reducing the processing time for business filings and require the Secretary of State to report on the 30th day of each month to the Joint Legislative Budget Committee on the Secretary of State’s progress in achieving those reductions.
This bill would declare that it is to take effect immediately as a Budget Bill.
The people of the State of California do enact as follows:
Item 0890-001-0001 of Section 2.00 of the Budget Act of 2012 is amended to read:
0890-001-0001--For support of Secretary of State
10-Filings and Registrations
40-Department of Justice Legal Services
50.01-Administration and Technology
50.02-Distributed Administration and Technology
Amount payable from the Secretary of State’s Business Fees Fund (Item 0890-001-0228)
Amount payable from the Federal Trust Fund (Item 0890-001-0890)
Amount payable from the Victims of Corporate Fraud Compensation Fund (Corporations Code 1502.5)
The Secretary of State may not expend any special handling fees authorized by Chapter 999 of the Statutes of 1999 which are collected in excess of the cost of administering those special handling fees unless specifically authorized by the Legislature.
Of the amounts appropriated in this item, $16,602,000 shall be used for operational costs associated with implementation of the Help America Vote Act of 2002 (42 U.S.C. Sec. 15301 et seq.).
Of the funds appropriated in this item, $5,733,000 is available for preparing, printing, and mailing the state ballot pamphlet pursuant to Article 7 (commencing with Section 9080) of Chapter 1 of Division 9 of the Elections Code. Any unexpended funds pursuant to this provision shall revert to the General Fund.
The $1,600,000 increase to Schedule (1) made by Assembly Bill 113 of the 2013-14 Regular Session shall be used for costs associated with reducing the processing time for business filings. The Secretary of State shall report to the Joint Legislative Budget Committee on the 30th day of each month regarding the Secretary of State’s progress on reducing the processing time for business filings.
Item 0890-001-0228 of Section 2.00 of the Budget Act of 2012 is amended to read:
0890-001-0228--For support of Secretary of State, for payment to Item 0890-001-0001, payable from the Secretary of State’s Business Fees Fund
This act is a Budget Bill within the meaning of subdivision (e) of Section 12 of Article IV of the California Constitution and shall take effect immediately.