1998 Session

Budget Amendments - SB30 (Conference Report)

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DIT Reserve Transfer (language only)

Item 3-1.01 #14c

Item 3-1.01 #14c

3: Miscellaneous & Part 4: General Provisions)

Page 377, following line 25, insert:
"S.  No later than June 30, 2000 the State Comptroller shall transfer an amount estimated at
  representing excess retained earnings from the telecommunications services and computer services funds of the Department of Information Technology.  This transfer shall exclude funds from the federal trust fund, institutions of higher education, and the Virginia Retirement System."

(This amendment is self-explanatory.)