BILL NUMBER: AB 1583	AMENDED
	BILL TEXT

	AMENDED IN ASSEMBLY  MAY 27, 2014
	AMENDED IN ASSEMBLY  APRIL 3, 2014

INTRODUCED BY   Assembly Member Allen
   (Principal coauthor: Assembly Member Gray)
   (Coauthors: Senators Gaines and Huff)

                        FEBRUARY 3, 2014

   An act to add  Section 12462.5   Sections
12462.5 and 16341  to the Government Code, relating to state
government.



	LEGISLATIVE COUNSEL'S DIGEST


   AB 1583, as amended, Allen. Controller: outside  accounts:
annual report.  accounts. 
   Existing law requires the Controller to submit specified fiscal
reports, including, among others, an annual report to the Governor
relating to the state's revenues and expenditures during the
preceding fiscal year and a quarterly report to the Legislature on
the General Fund that compares state revenues and expenditures for
that quarter with the Budget Act, and other expenditures authorized
pursuant to statute.  Except as otherwise provided by law, all
money belonging to the state received from any source   by
any state agency is accounted for to the Controller, and on the order
of the Controller, paid into the Treasury and credited to the
General Fund, as prescribed. 
   This bill would require the Controller to prepare and submit to
the Legislature and the Department of Finance an annual report on
bank accounts and savings and loan association accounts outside the
treasury system, as specified.  This bill would specifically
require a state agency that receives revenues for state costs under a
cost recovery statute to deposit those revenues into the State
Treasury. 
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 12462.5 is added to the Government Code, to
read:
   12462.5.  (a) The Controller shall prepare and submit to the
Legislature and the Department of Finance an annual report on bank
accounts and savings and loan association accounts outside the
treasury system. The report shall include all of the following for
each account:
   (1) The name of the account.
   (2) The source of authorization for establishing the account.
   (3) The account balance. 
   (4) Cost recovery revenues deposited into the account. 

   (b) For purposes of this section, "cost recovery revenues" shall
include any money received as a result of cost recovery efforts.
 
   (c) 
    (b)  The report to the Legislature shall be submitted
pursuant to Section 9795.
   SEC. 2.    Section 16341 is added to the  
Government Code   , to read:  
   16341.  A state agency that receives revenues for state costs
under a cost recovery statute shall account for those revenues to the
Controller for deposit into the State Treasury, as provided in
Section 16301.