Amended in Senate May 6, 2014

Senate Bill No. 898

Introduced by Senator Cannella

(Principal coauthor: Assembly Member Gray)

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(Coauthors: Senators Gaines and Vidak)

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(Coauthors: Assembly Members Jones, Maienschein, Olsen, and Waldron)

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January 13, 2014

An act to add Section 16301.3 to the Government Code, relating to state government.

LEGISLATIVE COUNSEL’S DIGEST

SB 898, as amended, Cannella. State government: state funds.

Under existing law, all moneys in the possession of or collected by any state agency or department is state moneys and is subject to provisions governing its deposit and handling in trust accounts. Existing law creates the State Treasury System to deposit state moneys held by state agencies prior to expenditure.

This bill would require each state agency, department, and entity to provide the Treasurer with its employer identification number. This bill would authorize the Treasurer to use those numbers to monitor state bank accounts and state money that are outside the State Treasury System.

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 16301.3 is added to the Government
Code, to read:

16301.3.  

Each state agency, department, and entity shall
provide its employer identification number to the Treasurer. The
Treasurer is authorized to use begin delete the end delete begin insert these end insert employer identification
numbers to monitor state money and state bank accounts that are
outside of the State Treasury System.