Assembly Bill No. 638–Committee on Government Affairs

(On Behalf of Controller)

March 22, 1999

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Referred to Committee on Government Affairs

 

SUMMARY—Makes changes concerning accounting of revenue receivable by state agency. (BDR 31-661)

FISCAL NOTE: Effect on Local Government: No.

Effect on the State or on Industrial Insurance: No.

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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted. Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).

 

AN ACT relating to state financial administration; providing for the recording in the central accounting system of this state of certain revenue receivable by a state agency; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

1-1 Section 1. Chapter 353 of NRS is hereby amended by adding thereto a

1-2 new section to read as follows:

1-3 1. A state agency that uses an invoicing and billing procedure shall

1-4 record the revenue receivable from those billings in the central

1-5 accounting system of this state.

1-6 2. As used in this section, "state agency" means an agency, bureau,

1-7 board, commission, department, division or any other unit of the

1-8 executive department of the state government.

1-9 Sec. 2. NRS 353.291 is hereby amended to read as follows:

1-10 353.291 NRS 353.291 to 353.3245, inclusive, and section 1 of this act

1-11 may be cited as the State Accounting Procedures Law.

1-12 Sec. 3. This act becomes effective upon passage and approval.

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