CHAPTER 197

FORMERLY

HOUSE BILL NO. 315

AN ACT TO AMEND CHAPTER 27, TITLE 29, DELAWARE CODE, RELATING TO THE STATE TREASURER.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:

Section 1. Amend § 2701, Chapter 27, Title 29, Delaware Code, by striking the contents of this section in its entirety.

Section 2. Amend § 2702, Chapter 27, Title 29, Delaware Code, by striking the contents and substituting in lieu thereof the following: "The State Treasurer shall occupy the office and space provided by the State and shall keep therein all books of all account records, vouchers, papers, magnetic data and things pertaining to the conduct of the office and shall take proper means to safeguard and preserve the same."

Section 3. Amend § 2703, Chapter 27, Title 29, Delaware Code, by striking the contents and substituting in lieu thereof the following: "The annual salary of the State Treasurer shall be set through the recommendation of the Delaware Compensation Commission (Chapter 33, Title 29, Delaware Code) and the line item appropriations of the Delaware General Assembly."

Section 4. Amend § 2706, Chapter 27, Tittle 29, Delaware Code, by striking the remaining language after the words "signature or by" in subsection (a) and substituting in lieu thereof the following: "a facsimile signature of a process approved by the State Treasurer." Further amend subsection (b) by striking the words "2 years" and substituting in lieu thereof the following: "180 days".

Section 5. Amend § 2711, Chapter 27, Delaware Code, by striking subsection (a) and substituting in lieu thereof the following:

"(a) All federal financial assistance program money received by the State, whether directly or indirectly, in the form of cash, check or via an electronic funds transfer method, shall be reported to the Office of the State Treasurer by the receiving agency through the processing of the proper cash receipt transaction in the State's financial management system. The amount received shall be credited to a special fund federal fund grant appropriation line. Such money is appropriated to the grant designated agency for the specific purposes for which the money was granted and shall be paid out of the special fund by the State Treasurer upon payment voucher executed by the designated agency."

Further amend § 2711, Chapter 27, Title 29, Delaware Code, by striking subsection (b) in its entirety and redesignating subsection (c) as (b).

Section 6. Amend § 2712, Chapter 27, Title 29, Delaware Code, by striking subsections (a)(1) and (2) and by redesignating subsection (b) as subsection (a).

Section 7. Amend § 2717, Chapter 27, Title 29, Delaware Code, by striking this section in its entirety.

Approved July 10, 1995