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1999 Session

Budget Amendments - SB800 (Conference Report)

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Self Insurance Excess Reserves (language only)

Item 3-1.01 #11c

Item 3-1.01 #11c

Transfers
Interfund Transfers

Language
Page 506, after line 38, insert:
"EE.  The Comptroller shall transfer an amount estimated at $1,086,400 from the Property, Boiler and Machinery Insurance Fund of the Department of General Services to the General Fund of the State Treasury no later than June 30, 2000.  The Comptroller shall return the federal portion of such excess reserves to the Treasurer of the United States."


Explanation
(This amendment captures excess balances in the Property, Boiler and Machinery Insurance Fund.)