Bill Text: IN SB0293 | 2013 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Government accounting study committee.

Spectrum: Moderate Partisan Bill (Republican 7-1)

Status: (Passed) 2013-05-13 - Public Law 121 [SB0293 Detail]

Download: Indiana-2013-SB0293-Amended.html


January 29, 2013





SENATE BILL No. 293

_____


DIGEST OF SB 293 (Updated January 28, 2013 11:33 am - DI 44)



Citations Affected: IC 2-5.

Synopsis: Government accounting study committee. Establishes the interim study committee on government accounting to study issues concerning state and local government accounting, including issues related to the implementation of Governmental Accounting Standards Board (GASB) Statement 34, during the legislative interim in 2013 and 2014. Requires the committee to report its findings and recommendations to the legislative council before November 1, 2014.

Effective: July 1, 2013.





Miller Pete , Walker , Taylor, Delph




    January 8, 2013, read first time and referred to Committee on Commerce, Economic Development & Technology.
    January 28, 2013, reported favorably _ Do Pass.






January 29, 2013

First Regular Session 118th General Assembly (2013)


PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in this style type.
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SENATE BILL No. 293



    A BILL FOR AN ACT to amend the Indiana Code concerning state and local administration.

Be it enacted by the General Assembly of the State of Indiana:

SOURCE: IC 2-5-36.5; (13)SB0293.1.1. -->     SECTION 1. IC 2-5-36.5 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2013]:
     Chapter 36.5. Interim Study Committee on Government Accounting
    Sec. 1. As used in this chapter, "committee" refers to the interim study committee on government accounting established by section 2 of this chapter.
    Sec. 2. (a) The interim study committee on government accounting is established.
    (b) The committee shall do the following:
        (1) During the legislative interim in 2013 and 2014:
            (A) study issues concerning state and local government accounting, including issues related to the implementation of Governmental Accounting Standards Board (GASB) Statement 34; and
            (B) study any other issue assigned to the committee by the

legislative council or as directed by the chairperson of the committee.
        (2) Before November 1, 2014, report the committee's findings and recommendations to the legislative council in an electronic format under IC 5-14-6.
    Sec. 3. Except as otherwise provided in this chapter, the committee shall operate under the policies governing study committees adopted by the legislative council.
    Sec. 4. (a) The committee consists of twelve (12) members of the general assembly appointed as follows:
        (1) Three (3) members of the senate appointed by the president pro tempore.
        (2) Three (3) members of the senate appointed by the minority leader of the senate.
        (3) Three (3) members of the house of representatives appointed by the speaker.
        (4) Three (3) members of the house of representatives appointed by the minority leader of the house of representatives.
    (b) The chairman of the legislative council shall, before August 1 of each year, appoint a member of the committee to serve as the chairperson of the committee.
    Sec. 5. Each member of the committee is entitled to receive the same per diem, mileage, and travel allowances paid to members of the general assembly serving on interim study committees established by the legislative council.
    Sec. 6. The affirmative votes of a majority of the members appointed to the committee are required for the committee to take action on any measure, including final reports.

    Sec. 7. This chapter expires July 1, 2015.

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