Bill Text: CA SB1147 | 2021-2022 | Regular Session | Amended
Bill Title: Local government: counties: consolidation of offices.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2022-03-23 - Re-referred to Com. on GOV. & F. [SB1147 Detail]
Download: California-2021-SB1147-Amended.html
Amended
IN
Senate
March 16, 2022 |
Introduced by Senator Borgeas (Principal coauthor: Assembly Member Bigelow) |
February 16, 2022 |
LEGISLATIVE COUNSEL'S DIGEST
Existing law provides for the establishment of the State Treasury and generally sets forth the duties of the Treasurer and Controller with regard to state funds.
This bill would make nonsubstantive changes to a provision regarding the purpose of the legislation establishing a centralized State Treasury system.
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NOBill Text
The people of the State of California do enact as follows:
SECTION 1.
Section 24011 of the Government Code is amended to read:24011.
Notwithstanding the provisions of Section 24009:SEC. 2.
The Legislature finds and declares that a special statute is necessary and that a general statute cannot be made applicable within the meaning of Section 16 of Article IV of the California Constitution because of the unique circumstances faced by the County of Mono with respect to the organization of the county offices.The purpose of this legislation is hereby declared to be the establishment of a centralized State Treasury System under which state moneys will be adequately protected and at the same time will be controlled and invested so as to realize the maximum return consistent with safe and prudent treasury management. This legislation visualizes that the
Controller will be responsible for maintaining the segregated accounts of the moneys of state agencies which are deposited with the Treasurer in trust, and that the Treasurer will not maintain records which in their detail duplicate the accounting records maintained by the Controller for these moneys.