The Director of State Finance shall have the power, and it shall be his duty under the direction of the Governor: (1) to prepare the budget document and assist in the drafting of legislation to make it effective, (2) to make field surveys and studies of governmental agencies, looking toward economy and greater efficiency, (3) to make allotments to control expenditures, (4) to authorize transfers of appropriation authorized by law, (5) to study accounting and other reports rendered by the Central Accounting and Reporting Division, (6) to enter into agreements with the United States Secretary of the Treasury for the purpose of implementing the Cash Management Improvement Act of 1990 (Public Law 101-453), and (7) to aid the Governor in the economical management of state affairs. In addition to his other duties the Director of State Finance shall, upon request, advise and consult with members of the Legislature and legislative committees concerning income and expenditures of state agencies.

Laws 1947, SB 36, p. 370, § 4, emerg. eff. February 25, 1947; Amended by Laws 1965, HB 597, c. 2, § 3, emerg. eff. January 29, 1965; Amended by Laws 1981, HB 1234, c. 255, § 1; Amended by Laws 1991, SB 120, c. 254, § 16, emerg. eff. July 1, 1991.