HB 255 -- FLEET MANAGEMENT FUND AND OFFICE OF ADMINISTRATION SPONSOR: Bruns COMMITTEE ACTION: Voted "do pass" by the Special Committee on Government Affairs by a vote of 7 to 0. This bill creates the Fleet Management Fund for the deposit of state vehicle fleet fees, recovered funds for damage to state vehicles, proceeds from the sale of surplus vehicles, and moneys appropriated by the General Assembly. The moneys in the fund can be used to purchase or repair state vehicles. The bill also changes when moneys in the State Facility Maintenance and Operation Fund will lapse from one-twelfth to one-fourth of the total moneys appropriated, paid, or transferred during the fiscal year that remain unencumbered at the end of the fiscal year. The bill contains an emergency clause. FISCAL NOTE: No impact on state funds in FY 2008, FY 2009, and FY 2010. PROPONENTS: Supporters say that the bill raises the reserve requirement in the fund to one-quarter of the total amount of money appropriated, paid, or transferred to the fund in one year. Since the accounts for executive agencies are billed and paid electronically, money in the fund builds up more quickly. If the money is allowed to lapse to the state's general revenue, the Office of Administration will not be able to effectively make expenditures for needed equipment and other purchases. The new 90-day reserve requirement is consistent with industry and federal standards. Testifying for the bill were Representative Bruns; and Office of Administration. OPPONENTS: There was no opposition voiced to the committee.Copyright (c) Missouri House of Representatives