House of Representatives State of Utah


         UTAH STATE CAPITOL COMPLEX . 350 STATE CAPITOL
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         P.O. BOX 145030 . SALT LAKE CITY, UTAH 84114-5030 . (801) 538-1029         February 25, 2008

Mr. Speaker:

    The Government Operations Committee reports a favorable recommendation on 2nd Sub. S.B. 38, TRANSPARENCY IN GOVERNMENT FINANCE, by Senator W. Niederhauser, with the following amendments:

1.    Page 8, Line 226 through Page 9, Line 253 :    

             226          63A-3-405. Rulemaking authority.
             227          (1)

  (a)       After consultation with the board, and in accordance with Title 63, Chapter 46a,

             228      Utah Administrative Rulemaking Act, the Division of Finance shall make rules to:
             229          
{   (a)   }        (i)       require participating state entities to provide public financial information for

             230      inclusion on the Utah Public Finance Website;
             231          
{   (b) (i)   }        (ii) (A)       establish size or budget thresholds to identify those local entities that qualify as

             232      participating local entities as defined in this part;
             233          
{   (ii)   }        (B)       require participating local entities to provide public financial information in

             234      accordance with the requirements of this part, with a specified content, reporting frequency and
             235      form; and
             236          
{   (iii)   }        (C)       require the participating local entity's website to be accessible by link or other

             237      direct route from the Utah Public Finance Website;
             238          
{   (c)   }        (iii)       define, either uniformly for all participating state entities or participating local

             239      entities, or on an entity by entity basis, the term "public financial information" using the
             240      standards provided in Subsection 63A-3-404 (2)(c).
             241          
{   (d)   }        (iv)       establish procedures for obtaining, submitting, reporting, storing, and providing

             242      public financial information on the Utah Public Finance Website and on local entities'

             243      websites, which may include a specified reporting frequency and form;
  and      

             244          
{   (e)   }        (v)       determine the search methods and the search criteria that shall be made available to

             245      the public as part of a website used by a participating local entity under the requirements of this
             246      part, which criteria may include:
             247          
{   (i)   }        (A)       fiscal year;

             248          
{   (ii)   }        (B)       expenditure type;

             249          
{   (iii)   }        (C)       name of the agency;

             250          
{   (iv)   }        (D)       payee;

             251          
{   (v)   }        (E)       date;

             252          
{   (vi)   }        (F)       amount; and

             253          
{   (vii)   }        (G)       any other criteria designated by the rule      {   ;   }        .

    (b) Rules that establish the obligations of participating entities under the authority of Subsection (1)(a) shall give special consideration to the budget and resource limitations of a participating entity that has a current annual budget of less than $10 million.  


    Respectfully,

    Glenn A. Donnelson
    Committee Chair

Voting: 10-0-2
3 SB0038.HC1.wpd 2/25/08 9:10 am benchristensen/BNC ENW/BNC

Bill Number
Action Class
Action Code

*SB0038S02*
*H*
*HCRAMD*

 SB0038S02
H
HCRAMD