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Office of the Revisor of Statutes

SF 1880 Senate Long Description

Relating to state financeARTICLE 1Modifying the procedure for state treasurer acceptance of gifts, bequests, devises or endowments to the state, eliminating certain determination duties of the commissioner of finance, deposit not to constitute acceptance, requiring refund of unapproved donations; transferring the responsibility for payment of substitute costs for public employees on athletic leave of absence from the state to the employer; modifying certain timelines for governor submittal of the biennial budget to the legislature; eliminating a certain building maintenance annual budgeting requirement; requiring state agency fees or fee increases to be submitted by the governor to the legislature as part of the budget request, fees to be presumed approved unless otherwise acted on by the legislature; specifying the goal of the budget reserve account, requiring periodic deposit of interest earned on the cash equivalent balance into the account and modifying the allocation of positive unrestricted budgetary general fund balances to the account and the deficit remedy requirements of the commissioner; clarifying the methods for cancellation or lapse of appropriations for capital improvements; modifying the timeline for local government units to submit budget requests for capital improvement projects to the commissioner; repealing the property tax reform account and certain provisions regulating state agency applications for nonstate funds, restricting the expenditure of trunk highway funds and requiring public employers to complete uniform collective bargaining agreement settlement documents ARTICLE 2 Providing certain options for the treatment of state highway bond proceeds before deposit in the trunk highway fund, authorizing the commissioner of finance to transfer funds to the trunk highway fund from the general fund or to authorize the use of funds in the trunk highway fund, limit; regulating the lease or sale of property purchased with trunk highway bond proceeds(mk)