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Ways and Means advances housekeeping bill to recodify and clean up state dedicated‑fund listings (HP 163)
Summary
Committee moved HP 163 (a multipart update to statute listing dedicated funds) Ought to Pass after review; the bill reorganizes fund categories, clarifies trusteeship and reporting deadlines, and repeals obsolete listings.
Representative (sponsor) described House Paper 163 as a comprehensive clean‑up and recodification of the statutory listing of state dedicated funds that corrects categorization errors, clarifies distinctions among dedicated operating funds, trustee/endowment accounts and custodial/escrow accounts, assigns committee responsibilities, and repeals obsolete listings.
The sponsor said the dedicated‑funds committee, the treasurer and the comptroller reviewed the list, identified antiquated entries and misclassifications (for example, funds that operate as trusts or custodial accounts but had been listed as state operating dedicated funds), and proposed clarifying statutory definitions and reorganized listings. The bill also updates reporting deadlines for fund administrators and removes funds that have had no activity or balances for many years.
After brief committee discussion, Representative Susan Olmi moved the committee recommendation of Ought to Pass; Representative Ullrich seconded. The clerk called the roll and recorded a committee vote of 15 in favor, 0 opposed, 5 absent. The committee instructed the clerk to place HP 163 on the consent calendar for floor action.
