2023 -- S 0531
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LC002226
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S TATE OF RHODE IS LAND
IN GENERAL ASSEMBLY
JANUARY SESSION, A.D. 2023
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A N A C T
RELATING TO PUBLIC FINANCE -- STATE FUNDS
Introduced By: Senators McKenney, Burke, Tikoian, LaMountain, DiMario, and Euer
Date Introduced: March 07, 2023
Referred To: Senate Finance
It is enacted by the General Assembly as follows:
SECTION 1. Section 35-4-27 of the General Laws in Chapter 35-4 entitled "State Funds" 1
is hereby amended to read as follows: 2
35-4-27. Indirect cost recoveries on restricted receipt accounts. 3
Indirect cost recoveries of ten percent (10%) of cash receipts shall be transferred from all 4
restricted-receipt accounts, to be recorded as general revenues in the general fund. However, there 5
shall be no transfer from cash receipts with restrictions received exclusively: (1) From contributions 6
from nonprofit charitable organizations; (2) From the assessment of indirect cost-recovery rates on 7
federal grant funds; or (3) Through transfers from state agencies to the department of administration 8
for the payment of debt service. These indirect cost recoveries shall be applied to all accounts, 9
unless prohibited by federal law or regulation, court order, or court settlement. The following 10
restricted receipt accounts shall not be subject to the provisions of this section: 11
Executive Office of Health and Human Services 12
Organ Transplant Fund 13
HIV Care Grant Drug Rebates 14
Health System Transformation Project 15
Rhode Island Statewide Opioid Abatement Account 16
HCBS Support-ARPA 17
HCBS Admin Support-ARPA 18
Department of Human Services 19
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Veterans’ home — Restricted account 1
Veterans’ home — Resident benefits 2
Pharmaceutical Rebates Account 3
Demand Side Management Grants 4
Veteran’s Cemetery Memorial Fund 5
Donations — New Veterans’ Home Construction 6
Department of Health 7
Pandemic medications and equipment account 8
Miscellaneous Donations/Grants from Non-Profits 9
State Loan Repayment Match 10
Healthcare Information Technology 11
Department of Behavioral Healthcare, Developmental Disabilities and Hospitals 12
Eleanor Slater non-Medicaid third-party payor account 13
Hospital Medicare Part D Receipts 14
RICLAS Group Home Operations 15
Commission on the Deaf and Hard of Hearing 16
Emergency and public communication access account 17
Department of Environmental Management 18
National heritage revolving fund 19
Environmental response fund II 20
Underground storage tanks registration fees 21
De Coppet Estate Fund 22
Rhode Island Historical Preservation and Heritage Commission 23
Historic preservation revolving loan fund 24
Historic Preservation loan fund — Interest revenue 25
Department of Public Safety 26
E-911 Uniform Emergency Telephone System 27
Forfeited property — Retained 28
Forfeitures — Federal 29
Forfeited property — Gambling 30
Donation — Polygraph and Law Enforcement Training 31
Rhode Island State Firefighter’s League Training Account 32
Fire Academy Training Fees Account 33
Attorney General 34
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Forfeiture of property 1
Federal forfeitures 2
Attorney General multi-state account 3
Forfeited property — Gambling 4
Department of Administration 5
OER Reconciliation Funding 6
Health Insurance Market Integrity Fund 7
RI Health Benefits Exchange 8
Information Technology Investment Fund 9
Restore and replacement — Insurance coverage 10
Convention Center Authority rental payments 11
Investment Receipts — TANS 12
OPEB System Restricted Receipt Account 13
Car Rental Tax/Surcharge-Warwick Share 14
Grants Management Administration 15
Executive Office of Commerce 16
Housing Resources Commission Restricted Account 17
Housing Production Fund 18
Department of Revenue 19
DMV Modernization Project 20
Jobs Tax Credit Redemption Fund 21
Legislature 22
Audit of federal assisted programs 23
Department of Children, Youth and Families 24
Children’s Trust Accounts — SSI 25
Military Staff 26
RI Military Family Relief Fund 27
RI National Guard Counterdrug Program 28
Treasury 29
Admin. Expenses — State Retirement System 30
Retirement — Treasury Investment Options 31
Defined Contribution — Administration - RR 32
Violent Crimes Compensation — Refunds 33
Treasury Research Fellowship 34
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Business Regulation 1
Banking Division Reimbursement Account 2
Office of the Health Insurance Commissioner Reimbursement Account 3
Securities Division Reimbursement Account 4
Commercial Licensing and Racing and Athletics Division Reimbursement Account 5
Insurance Division Reimbursement Account 6
Historic Preservation Tax Credit Account 7
Marijuana Trust Fund 8
Social Equity Assistance Fund 9
Judiciary 10
Arbitration Fund Restricted Receipt Account 11
Third-Party Grants 12
RI Judiciary Technology Surcharge Account 13
Department of Elementary and Secondary Education 14
Statewide Student Transportation Services Account 15
School for the Deaf Fee-for-Service Account 16
School for the Deaf — School Breakfast and Lunch Program 17
Davies Career and Technical School Local Education Aid Account 18
Davies — National School Breakfast & Lunch Program 19
School Construction Services 20
Office of the Postsecondary Commissioner 21
Higher Education and Industry Center 22
IGT STEM Scholarships 23
Department of Labor and Training 24
Job Development Fund 25
Rhode Island Council on the Arts 26
Governors’ Portrait Donation Fund 27
Statewide records management system account 28
Workers' Compensation Administrative Fund 29
SECTION 2. This act shall take effect upon passage. 30
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LC002226
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EXPLANATION
BY THE LEGISLATIVE COUNCIL
OF
A N A C T
RELATING TO PUBLIC FINANCE -- STATE FUNDS
***
This act would add the workers' compensation administration fund to those restricted 1
receipt accounts not subject to indirect cost recoveries. 2
This act would take effect upon passage. 3
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LC002226
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