S.B. 190 Summary

• Amends Section 23-11 to require legislative clerks to transmit bills proposing new special or revolving funds to the auditor within five days of the bill introduction deadline for analysis and review.

• Expands auditor analysis criteria to include demonstration of fund necessity, scope with financial projections, explanation of why the program cannot operate under general fund appropriations, and clear nexus between program benefits and charges or revenue sources.

• Amends Section 23-12 to require the auditor to review special, revolving, and trust funds of the Department of Transportation and Department of Defense beginning in 2014 and every five years thereafter.

• Clarifies in Sections 37-52.3 and 37-52.4 that special and revolving funds must demonstrate a clear nexus between benefits and charges or between programs and revenue sources, and must be essential to successful program operation.

• Takes effect June 30, 2013.