Amended in Senate June 26, 2014

Amended in Assembly May 27, 2014

Amended in Assembly April 3, 2014

California Legislature—2013–14 Regular Session

Assembly Bill No. 1583

Introduced by Assembly Member Allen

(Principal coauthor: Assembly Member Gray)

(Coauthors: Senators begin delete Gaines end delete begin insert Cannella, Gaines, end insert and Huff)

February 3, 2014

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

LEGISLATIVE COUNSEL’S DIGEST

AB 1583, as amended, Allen. Controller: begin delete outside accounts. end delete begin insert state funds: reporting. end insert

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 begin delete prepare and submit to the Legislature and the Department of Finance an annual report end delete begin insert include the name of the account, the source of authorization for establishing the account, and the account balance end insert on bank accounts and savings and loan association accounts outside the treasury begin delete system, as specified. end delete begin insert system in the budgetary-legal basis annual report, as specified. end insert 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.  

begin delete (a) end delete begin delete   end delete The Controller shall begin delete prepare and submit to the
Legislature and the Department of Finance an annual report end delete begin insert include
the following information end insert on bank accounts and savings and loan
association accounts outside the treasury begin delete system. The report shall
include all of the following for each account: end delete begin insert system in the
budgetary-legal basis annual report, submitted pursuant to Section
12460: end insert

begin delete

(1)

end delete

begin insert (a) end insert  The name of the account.

begin delete

(2)

end delete

begin insert (b) end insert  The source of authorization for establishing the account.

begin delete

(3)

end delete

begin insert (c) end insert  The account balance.

begin delete

(b) The report to the Legislature shall be submitted pursuant to
Section 9795.

end delete

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.