Summary of SB1467

• Appropriates $0.00 to the Office of the State Treasurer from the General Revenue Fund for fiscal year ending June 30, 2011 to perform duties imposed by law.

• Requires the Office of the State Treasurer to budget all funds across five categories: Administration, Data Processing, Banking Services, Comptroller/Investment Services, and State Land Reimbursements, each appropriated at $0.00.

• Authorizes the Office of the State Treasurer to set employee duties and compensation not otherwise prescribed by law.

• Establishes budgetary limitations for fiscal year 2011 with 0.0 full-time-equivalent employees and $0.00 for lease-purchase agreements.

• Effective date is September 1, 2010.