(REPRINTED WITH ADOPTED AMENDMENTS)
FIRST REPRINT


Senate Bill No. 42-Committee on Government Affairs

(On Behalf of the State Controller)

January 29, 1997
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Referred to Committee on Government Affairs

SUMMARY--Authorizes state controller to provide by regulation for use of electronic symbols to substitute or supplement certain signatures. (BDR 31-534)

FISCAL NOTE: Effect on Local Government: No.
Effect on the State or on Industrial Insurance: No.

EXPLANATION - Matter in italics is new; matter in brackets [ ] is material to be omitted.

AN ACT relating to financial administration; authorizing the state controller to provide by regulation for the use of electronic symbols to substitute or supplement certain signatures; and providing other matters properly relating thereto.

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

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Section 1 Chapter 353 of NRS is hereby amended by adding thereto a new section to read as follows:
1. The state controller may provide by regulation for the use of electronic symbols to substitute or supplement the handwritten or facsimile signature of an authorized officer that indicates the officer's authorization or verification on a document required by the state controller pursuant to the provisions of NRS 353.291 to 353.3245, inclusive.
2. As used in this section, "authorized officer" means any official of this state or any of its departments, agencies or other instrumentalities or any of its political subdivisions whose signature is required pursuant to subsection 1.
Sec. 2. NRS 353.291 is hereby amended to read as follows:
353.291 NRS 353.291 to 353.3245, inclusive, and section 1 of this act may be cited as the State Accounting Procedures Law.

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