1999 Session

Budget Amendments - HB1450 (Committee Approved)

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Credit for Teacher Liability Insurance Pgm (language only)

Item 3-2.03 #1h

Item 3-2.03 #1h

Working Capital Funds and Lines of Credit
Lines of Credit

Page 508, after line 9, insert:
"Department of General Services, for the Teacher Liability Insurance Program.  $1,000,000".

(This amendment establishes a line of credit to cover the costs should any claims be submitted under the Teachers Liability Insurance Program. This program was eliminated by the 1998 General Assembly. A companion amendment in §3-1.01 reverts the fund balance in the program to the general fund.)