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1998 Session

Budget Amendments - SB30 (Committee Approved)

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Constitutional Officers' Liability Insurance Excess Reserves (language only)

Item 3-1.01 #9s

Item 3-1.01 #9s

Transfers
3: Miscellaneous & Part 4: General Provisions)

Language
Page 377, following line 25, insert:
"S.  The Comptroller shall transfer an amount estimated
at $
11,568,000
from the Constitutional Officers' Liability Reserves of the Department of General Services t
o the General Fund of the State Treasury no later than June 30, 1999."


Explanation
(This amendment transfers excess balances from the Constitutional Officers' Liability Reserves of the Department of General Services to the general fund. These estimates only transfer amounts above 100 percent of the reserve recommended by the actuary.)