A JOINT RESOLUTION to direct the legislative research commission to study the proper use by a local government owning or operating a public enterprise of revenue derived from services furnished by it and make recommendations to the general assembly on proper oversight of such PUBLIC ENTERPRISE.
Be it resolved by the House of Representatives, the Senate concurring:
SECTION 1.(a)  The General Assembly finds that the ability of a city or county to efficiently and effectively provide public enterprise services is imperiled by the use by that local government of those revenues for purposes other than:
(1)	Paying the costs of operating the public enterprise.
(2)	Making debt service payments.
(3)	Investing in improvements to the infrastructure of that public enterprise.
(4)	Reimbursing the unit of local government for actual direct services provided to the public enterprise.
SECTION 1.(b)  The General Assembly further finds that any excess net revenues should be used to lower rates, advance fund debt service, and fund infrastructure improvements of that public enterprise.
SECTION 2.  The Legislative Research Commission shall study the issues raised in Section 1 of this resolution and make recommendations to the General Assembly on:
(1)	Proper accounting controls to ensure transparency in budgeting and accounting for expenditures and interfund transfers of city and county public enterprise services.
(2)	Legislation which may be necessary to ensure proper funding of infrastructure maintenance and improvements for local government public enterprises.
(3)	Legislation which may be necessary to ensure that local governments monitor aging public enterprise infrastructure to ensure proper maintenance and repair.
(4)	Legislation to improve local government public enterprise management.
SECTION 3.  In making the study provided by Section 2 of this resolution, the Legislative Research Commission shall consult with the Local Government Commission and the School of Government.
SECTION 4.  The Legislative Research Commission shall make an interim report to the 2013 Regular Session of the General Assembly prior to its reconvening in 2014 and shall make a final report to the 2015 Regular Session of the General Assembly.
SECTION 5.  This resolution is effective upon ratification.