Current through Chapter 253 of the 2024 Legislative Session
Section 312-22 - Library fee for enhanced services special fund(a) There is established in the state treasury the library fee for enhanced services special fund into which shall be deposited all moneys collected pursuant to section 312-21 and any fee schedules adopted pursuant thereto.(b) The special fund shall be administered by the state librarian who shall determine the annual amount that each public library shall receive. Allocations shall be based on the balance in the special fund on the first day of each fiscal year and made in quarterly installments not more than thirty days after the close of each fiscal quarter.(c) Moneys allocated from the special fund shall be used by each community, school, or public library to operate its fee for enhanced services program. Each library shall post in a conspicuous place a list of expenditures made by the library from the special fund during the preceding fiscal quarter.(d) The state librarian shall submit an annual report on the status of the special fund. The report shall include information about: (1) Deposits made into the fund and the source of these deposits;(2) Allocations to each public library, including allocations established for both the fiscal year covered by the annual report and the subsequent fiscal year;(3) Descriptions and amounts of the expenditures made from the fund;(4) The balance remaining in the fund on June 30 of each year;(5) Financial information regarding receipt sources by individual libraries; and(6) Actual expenditure of receipts by individual libraries. The report shall be submitted to the legislature and the governor not later than twenty days prior to the convening of each regular session.
Amended by L 2018, c 171,§ 6, eff. 7/1/2018.L 1993, c 327, pt of §1; am L 1999, c 45, §2