California Senate Bill SB898 Amended / Bill

 BILL NUMBER: SB 898AMENDED BILL TEXT AMENDED IN ASSEMBLY JUNE 25, 2014 AMENDED IN SENATE MAY 6, 2014 INTRODUCED BY Senator Cannella (Principal coauthor: Assembly Member Gray) (Coauthors: Senators  Gaines   Huff,   Gaines,  and Vidak) (Coauthors: Assembly Members  Allen,   Chvez,  Jones, Maienschein, Olsen, and Waldron) JANUARY 13, 2014 An act to add Section 16301.3 to the Government Code, relating to state government. LEGISLATIVE COUNSEL'S DIGEST SB 898, as amended, Cannella. State government: state funds. Under existing law, all moneys in the possession of or collected by any state agency or department is state moneys and is subject to provisions governing its deposit and handling in trust accounts. Existing law creates the State Treasury System to deposit state moneys held by state agencies prior to expenditure. This bill would require each state agency, department, and entity to provide the Treasurer with its employer identification number.  This   The  bill would authorize the Treasurer to use those numbers to monitor  state bank accounts and  state money  that are   deposited  outside the  centralized  State Treasury System. Vote: majority. Appropriation: no. Fiscal committee: yes. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 16301.3 is added to the Government Code, to read: 16301.3. Each state agency, department, and entity shall provide its employer identification number to the Treasurer. The Treasurer is authorized to use these employer identification numbers to monitor state money  and state bank accounts that are   deposited  outside of the  centralized  State Treasury System.