SB2841 - State Treasury Efficiency Act; enact.

1 Co-Sponsor

An Act To Enact The State Treasury Efficiency And Transparency Act; To Define Terms; To Require All Funds Held By State Agencies Within The State Treasury Or Outside The State Treasury To Be Held In Interest-bearing Accounts; To Require, When It Is Reasonably Feasible To Do So, That All Funds Held By State Agencies Within The State Treasury Shall Be Included In Pooled Interest-bearing Accounts To Be Invested By The Treasurer; To Require All State Agencies To Provide Certain Information Concerning The Agency's Funds To The State Treasurer; To Require The Treasurer To Report The Compiled Fund Information To The Legislative Budget Office; To Require The State Fiscal Officer To Assist The Treasurer In Making Certain Determinations Under The Act; To Authorize The State Fiscal Officer To Disapprove Of Payments From The State Treasury If A State Agency Does Not Timely Provide The Information Required By This Act; And For Related Purposes.