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Treasurer backs cleanup of dedicated funds list; committee declines to exec bill pending amendment review
Summary
Representative Olmi introduced House Bill 163 to update and clarify the state’s list of dedicated funds; State Treasurer Monica Mazzappelli said the bill reclassifies accounts and will align the list with accounting standards and a planned financial system module.
Representative Olmi introduced House Bill 163 to update and clarify the state’s list of dedicated funds; State Treasurer Monica Mazzappelli told the committee the bill primarily performs a cleanup of accounts and aligns classifications with accounting and reporting standards.
“From my perspective, I think the importance of this bill, again, is to make things easier,” Treasurer Monica Mazzappelli said, adding the bill “adds accounts to the list,…
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