An Act concerning the state grain inspection department; relating to the grain inspection fee fund; amending K.S.A. 34-102b and repealing the existing section.

Be it enacted by the Legislature of the State of Kansas:

Section 1. K.S.A. 34-102b is hereby amended to read as follows: 34- 102b. (a) The director of the state grain inspection department shall remit all moneys received by or for the director from fees, charges or penalties to the state treasurer at least monthly. Upon receipt of any such remit- tance the state treasurer shall deposit the entire amount thereof in the state treasury. Twenty percent (20%) of each such deposit shall be cred- ited to the state general fund and the balance shall be credited to the grain inspection fee fund, except that the entire amount of moneys re- ceived under K.S.A. 34-101c, as amended and amendments thereto, shall be credited to the grain inspection fee fund. All expenditures from such fund shall be made in accordance with appropriation acts upon warrants of the director of accounts and reports issued pursuant to vouchers ap- proved by the director or by a person or persons designated by the di- rector.

(b) No moneys credited to the grain inspection fee fund shall be used for any purpose other than the administration of matters which relate to the state grain inspection department and which are under the control, authorities and duties of the director and department as provided by law.

(c) On the 10th of each month, the director of accounts and reports shall transfer from the state general fund to the grain inspection fee fund, the amount of money certified by the pooled money investment board in accordance with this subsection. Prior to the 10th of each month, the pooled money investment board shall certify to the director of accounts and reports the amount of money equal to the proportionate amount of all the interest credited to the state general fund for the preceding period of time specified under this subsection, pursuant to K.S.A. 75-4210a and amendments thereto, that is attributable to money in the grain inspection fee fund. Such amount of money shall be determined by the pooled money investment board based on:

(1) The average daily balance of moneys in the grain inspection fee fund during the period of time specified under this subsection as certified to the board by the director of accounts and reports; and

(2) the average interest rate on repurchase agreements of less than 30 days duration entered into by the pooled money investment board for that period of time. On or before the fifth day of the month for the preceding month, the director of accounts and reports shall certify to the pooled money investment board the average daily balance of moneys in the grain inspection fee fund for the period of time specified under this subsection.

Sec. 2. K.S.A. 34-102b is hereby repealed.

Sec. 3. This act shall take effect and be in force from and after its publication in the statute book.

Approved March 13, 1996.