Bill Text: IN SB0293 | 2013 | Regular Session | Amended
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
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.
January 8, 2013, read first time and referred to Committee on Commerce, Economic
Development & Technology.
January 28, 2013, reported favorably _ Do Pass.
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A BILL FOR AN ACT to amend the Indiana Code concerning state
and local administration.
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.