1998 Session

Budget Amendments - SB30 (Conference Report)

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Racing Commission (language only)

Item 3-2.01 #1c

Item 3-2.01 #1c

Working Capital Funds and Lines of Credit
3: Miscellaneous & Part 4: General Provisions)

Page 378, line 33, after "entirety." insert:
"The State Comptroller shall make available to the Racing Commission, on July 1 of each year, the amount of $125,000 from the general fund as a temporary cash flow advance, to be repaid by December 30 of each year."

(This amendment provides the Racing Commission sufficient cash flow to meet operating expenses.)