§ 6103 — Deposit of state money

(a) All moneys which belong to the State shall be deposited on day of receipt to the credit of the State Treasurer in the designated depository of the State’s funds, with the exception of moneys received after the close of normal banking hours or when an agency receives less than $100 in receipts daily. Those agencies receiving less than $100 in daily receipts shall safely secure such funds and make a deposit when accumulated undeposited receipts exceed $100, or on a weekly basis, whichever occurs first. When moneys are received after the close of normal banking hours, those moneys shall normally be safely secured and deposited on the next business day, except when receipts are of sufficient magnitude to warrant their being deposited after normal banking hours. A report of collections with the appropriate approvals as prescribed in the accounting manual shall be promptly submitted to the State Treasurer.

(b) Notwithstanding any other provisions of the Delaware Code dealing with confidentiality of tax or revenue information, state agencies responsible for collecting such taxes or revenues may receive tax or revenue information electronically from the designated depository of the state’s funds or its 3rd-party vendor without regard to such confidentiality statutes so long as such designated depository or vendor has executed an agreement not to disclose such information other than to such state agencies responsible for collecting taxes or revenues and not to use the information other than as authorized by such agency.

Legislative History

42 Del. Laws, c. 77, § 1 ; 29 Del. C. 1953, § 6103; 54 Del. Laws, c. 39, § 1 ; 57 Del. Laws, c. 664 ; 60 Del. Laws, c. 434, § 1 ; 61 Del. Laws, c. 468, § 5 ; 63 Del. Laws, c. 142, § 47 ; 67 Del. Laws, c. 281, § 50 ; 69 Del. Laws, c. 387, § 1 ; 70 Del. Laws, c. 509, § 7