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State of South Dakota
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SEVENTY-SEVENTH
SESSION
LEGISLATIVE ASSEMBLY, 2002 |
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SENATE ENGROSSED
NO.
HB 1136
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02/19/2002
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Introduced by:
Representatives Olson (Mel), Bartling, Bradford, Burg, Davis, Elliott,
Flowers, Gillespie, Glenski, Hanson (Gary), Hargens, Hundstad, Kloucek,
Nachtigal, Nesselhuf, Peterson (Jim), Sigdestad, and Valandra and Senators
Hutmacher, Dennert, Hagen, Koetzle, McIntyre, Moore, Reedy, Sutton
(Dan), Symens, and Volesky
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FOR AN ACT ENTITLED, An Act to
clarify the approval authority for local accounts of the
state treasurer and state auditor.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 4-4-3 be amended to read as follows:
4-4-3. All state public funds shall be received and maintained in the state treasury, and shall be disbursed only upon proper authorization by the state auditor and the state treasurer, unless the state treasurer and state auditor
shall
jointly determine a justification exists for maintaining
such
public
funds in a local bank account.
A local bank account authorized by the state auditor
and state treasurer is an official account of the state subject to the custody of the state treasurer
under
§
1-10-1. Neither the state treasurer nor the state auditor may be a signatory on any local
account. Any agency holding state funds in any local bank account shall provide a quarterly
statement of activity in that account to the state treasurer and the state auditor.
Section 2. That § 4-3-5 be amended to read as follows:
4-3-5.
Every such
Each
officer or employee shall designate in writing, to be filed in
his
the
officer's or employee's
office, the bank or banks in which
he shall have
are
deposited the current
receipts of
his
the
office or department
and any
. Any
account showing any such deposit
shall be
is
an official account and shall be accessible to the inspection of the auditor-general at any time
during banking hours.
Section 3. That chapter 4-4 be amended by adding thereto a NEW SECTION to read as follows:
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 4-4-3 be amended to read as follows:
4-4-3. All state public funds shall be received and maintained in the state treasury, and shall be disbursed only upon proper authorization by the state auditor and the state treasurer, unless the state treasurer and state auditor
Section 2. That § 4-3-5 be amended to read as follows:
4-3-5.
Section 3. That chapter 4-4 be amended by adding thereto a NEW SECTION to read as follows:
The state treasurer and state auditor shall approve local drug buy accounts at the request of
the attorney general.
