02/14/2001 01:43 PM House FIN

SENATE BILL NO. 10                                                                                                            
                                                                                                                                
     "An Act extending the termination date of the Board of                                                                     
     Public Accountancy."                                                                                                       
                                                                                                                                
SENATOR THERRIAULT,  sponsor, spoke in  support of SB  10. He                                                                   
noted that the legislation would  extend the termination date                                                                   
of the Board of Public Accountancy.  The Board was audited by                                                                   
the  Legislative  Budget  and   Audit  Committee.  The  audit                                                                   
concluded  that  the Board  should  be reestablished  and  is                                                                   
necessary to protect the public welfare.                                                                                        
                                                                                                                                
CATHERINE   REARDON,  DIRECTOR,   DIVISION  OF   OCCUPATIONAL                                                                   
LICENSING, DEPARTMENT  OF COMMUNITY AND ECONOMIC  DEVELOPMENT                                                                   
stated that  the Division provides  technical support  to the                                                                   
Board and is in support of the bill.                                                                                            
                                                                                                                                
Representative Foster MOVED to  report SB 10 out of Committee                                                                   
with the accompanying fiscal note.                                                                                              
                                                                                                                                
MIKE TIBBLES,  STAFF, REPRESENTATIVE WILLIAMS noted  that the                                                                   
fiscal  note needs  to be  amended. He  explained that  bills                                                                   
that extend sunset dates should  have the cost of the program                                                                   
listed in the accompanying fiscal note.                                                                                         
                                                                                                                                
In response  to a question  by Vice-Chair Bunde,  Ms. Reardon                                                                   
clarified that the Board if self-sustaining.  The fiscal note                                                                   
revision  would show  expenditures  that are  already in  the                                                                   
operating  budget. Mr.  Tibbles noted  that it  is not  a new                                                                   
statutory  requirement.  Ms.  Reardon  agreed  that  the  new                                                                   
fiscal note would only show expenditures  that are already in                                                                   
the operating budget.                                                                                                           
                                                                                                                                
Co-Chair  Mulder  noted  that  even  though  they  are  self-                                                                   
sustaining the receipts are washed  through the General Fund.                                                                   
The  revenues   currently  show   as  RSS  receipts   support                                                                   
services, which were previously shown as GFPR.                                                                                  
                                                                                                                                
Senator  Therriault concluded  that FY02  would remain  zero,                                                                   
since it is included in the governor's  budget. The out years                                                                   
would show the  expenditures as distributed and  the revenues                                                                   
from fees. The net would be zero.                                                                                               
                                                                                                                                
Ms. Reardon explained that the  Division receives one budget.                                                                   
They will apportion the overhead on the Board.                                                                                  
                                                                                                                                
There  being NO  OBJECTION, SB  10 was  moved from  Committee                                                                   
with a revised fiscal note.                                                                                                     
                                                                                                                                
SB  10  was  REPORTED  out of  Committee  with  a  "do  pass"                                                                   
recommendation and  with a "do pass" recommendation  and with                                                                   
new fiscal  impact note  by the  Department of Community  and                                                                   
Economic Development.