§ 35-4-21. Basic health plan trust account. There is hereby established in the general fund a separate account to be known as the “basic health plan trust account”, to which shall be deposited any surplus revenues which are approved by the governor and general assembly for this purpose. All moneys now or hereafter in the […]
§ 35-4-22. Inclusion of restricted and special revenue funds in budget. Pursuant to § 35-3-7, the budget officer shall include all restricted and dedicated revenues received or anticipated by state agencies as a part of the budget request, showing for each budgetary category the amount of nongeneral revenue monies requested or anticipated, and the total […]
§ 35-4-22.1. Legislative appropriation authority. (a) No agency shall establish new programs, or expand existing programs, including any program involving nonstate monies, beyond the scope of those already established, recognized, and appropriated for by the general assembly until the program and the availability of money is submitted by the agency to the budget officer for […]
§ 35-4-22.2. Use of restricted or special revenue funds. (a) Any restricted or special revenue funds that are received by a state agency that is not otherwise appropriated to that state agency by the annual appropriation acts of the regular session of the general assembly are hereby appropriated for that state agency for the purpose […]
§ 35-4-22.3. Exceptions and exclusions to §§ 35-4-22.1 and 35-4-22.2. (a) Dedicated receipts and special revenue funds received by “self supporting” or “proprietary” state agencies that derive all their financing from sources other than the general fund are exempt from the provisions of §§ 35-4-22.1 and 35-4-22.2. Colleges and universities under the control of the […]
§ 35-4-23. Rhode Island capital plan funds. From the proceeds of any receipts transferred pursuant to the provisions of the Rhode Island Constitution, the state controller is authorized to create an account or accounts within the bond capital fund. These accounts shall be used to record expenditures from these receipts, which are authorized to be […]
§ 35-4-23.1. Indirect cost recoveries by state agencies. All state agencies shall apply for recovery of indirect costs when recovery is permissible under federal statute and grant regulations. All funds received for indirect costs recovery shall be turned over to the general treasurer and shall be placed in a restricted account in each agency for […]
§ 35-4-24. Custodial funds received and held in trust by state agencies. (a) State agencies which receive funds from wards of the state for the purposes of maintaining these funds in trust while the person is in the care of the state shall deposit these funds in the general fund. (b) All funds received from […]
§ 35-4-25. Funds attributable to agency business operations. State agencies which operate business-like enterprises at the state institutions shall maintain the funds attributable to these operations in accounts within the general fund. All funds received by the department of corrections, the department of behavioral healthcare, developmental disabilities and hospitals, and the department of children, youth, […]
§ 35-4-26. Funds received from vending machines, private donations, and investments. All funds received from store or vending machine profits, private donations which are not directed to other accounts, and investment earnings, excluding those earned in resident trust accounts, shall be deposited as general revenues. The agency shall, through the annual budget process, report to […]
§ 35-4-27. Indirect cost recoveries on restricted receipt accounts. Indirect cost recoveries of ten percent (10%) of cash receipts shall be transferred from all restricted-receipt accounts, to be recorded as general revenues in the general fund. However, there shall be no transfer from cash receipts with restrictions received exclusively: (1) From contributions from nonprofit charitable […]
§ 35-4-28. Conversion of restricted receipt accounts to general revenue accounts. Notwithstanding any law to the contrary, in each fiscal year, the following restricted receipt accounts will be converted to general revenue accounts: (1) Alcohol — Highway safety; (2) Highway safety program; (3) Court improvement project fund; (4) Criminal justice information system; (5) Court improvement […]
§ 35-4-3. Repealed. History of Section.P.L. 1939, ch. 660, § 53; impl. am. P.L. 1951, ch. 2727, art. 1, § 3; Repealed by P.L. 1991, ch. 44, art. 28, § 1, effective June 7, 1991.
§ 35-4-4. Safekeeping and disbursement of funds. All moneys due to the state shall be paid to the general treasurer, who shall be responsible for the safekeeping and proper disbursement thereof according to law. History of Section.G.L. 1896, ch. 33, § 4; G.L. 1909, ch. 43, § 4; G.L. 1923, ch. 44, § 4; G.L. […]
§ 35-4-4.1. State Linked Deposit Policy — Short title. Sections 35-4-4.1 — 35-4-4.6 shall be known as the “State Linked Deposit Policy”, as it will link the deposit of state funds with bank performance as determined by the rating system utilized by federal regulatory authorities in compliance with the provisions of the federal Community Reinvestment […]
§ 35-4-4.2. State Linked Deposit Policy — Legislative purpose. The purpose of §§ 35-4-4.1 — 35-4-4.6 is to increase the availability of capital and banking services in low and moderate income neighborhoods of Rhode Island by using state deposits as an incentive. Sections 35-4-4.1 — 35-4-4.6 uses the federal evaluation of CRA performance in helping […]
§ 35-4-4.3. State Linked Deposit Policy — Deposit of funds. The state, and its agencies and quasi-public authorities, shall invest or hold funds on deposit, whether temporarily or permanently, only at federally insured and regulated banks that are deemed to be financially sound or in money funds offered by banks directly or through their affiliates […]
§ 35-4-4.4. State Linked Deposit Policy — Exceptions. (a) Nothing in §§ 35-4-4.1 — 35-4-4.6 shall be construed as to require the state, or its agencies and instrumentalities, to liquidate existing funds on deposit prior to their maturity date(s) in order to comply with §§ 35-4-4.1 — 35-4-4.6. (b) Sections 35-4-4.1 — 35-4-4.6 are not […]
§ 35-4-4.5. State Linked Deposit Policy — Enforcement. The general treasurer shall have the responsibility for monitoring and enforcing the provisions of §§ 35-4-4.1 — 35-4-4.6. Each institution shall be required to file its latest public disclosure of its CRA performance evaluation with the general treasurer by November 30 of each year. History of Section.P.L. […]
§ 35-4-4.6. State Linked Deposit Policy — Definitions — Exemptions. (a) As used in §§ 35-4-4.1 — 35-4-4.6, the following terms shall have the following meanings: (1) “Community Reinvestment Act (CRA)” shall mean the Community Reinvestment Act as enacted by the federal government as title VIII of the Housing and Community Development Act of 1977, […]
