1999 Session

Budget Amendments - SB800 (Conference Report)

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Business Modernization Loans (language only)

Item 3-1.01 #5c

Item 3-1.01 #5c

Interfund Transfers

Page 506, after line 38, insert:
"EE.  The Comptroller shall transfer from the Department of Housing and Community Development to the general fund on or before June 30, 1999, an amount estimated at $561,856 from dedicated special revenues derived from repayments to the Business Modernization Loan Program.".

(This amendment transfers nongeneral fund cash estimated at $561,856 from the Business Modernization Loan Program to the general fund. The cash accumulated over several years. The responsible agency never used the funds.)