Current Amendment: DC STO Zero-Based Budgeting.DOCX to Bill 3700
Senator THOMAS proposes the following amendment (DC STO ZERO-BASED BUDGETING):
Amend the bill, as and if amended, Part IB, Section 76, STATE TREASURER'S OFFICE, page 467, after line 28, by adding an appropriately numbered new proviso to read:
/ 76.___ (TREAS: Zero-Based Budgeting) The State Treasurer shall choose three budget areas of the General or Other funds budget and shall entertain proposals from any certified public accounting firm who may propose a zero-based budget analysis. Zero-based analysis means the analysis by the CPA firm must study the designated areas at the most fundamental level of expenditure and function. The CPA analysis will report possible savings, as well as any determinations of whether savings or efficiencies can be generated by any other method such as merger or elimination of positions, to the Governor, Senate Finance Committee, and House Ways and Means Committee. If the legislature adopts any of the recommendations within two years, the State Auditor shall determine the savings to the state by implementation of the proposal and shall direct the State Treasurer to pay the CPA firm which performed the study and made the proposal ten percent of the savings realized due to the implementation of the proposal.
Renumber sections to conform.
Amend sections, totals and title to conform.