2000 Session

Budget Amendments - HB29 (Committee Approved)

View Budget Item
View Budget Item amendments

Y2K Loans NGF Share (language only)

Item 3-1.01 #7h

Item 3-1.01 #7h

Interfund Transfers

Page  555, line 17, strike "10,000,000" and insert "5,500,000".
Page 555, after line 17, insert:
"The Director, Department of Planning and Budget, shall recover and deposit to the general fund an amount estimated at $4,500,000 in nongeneral funds, which represents the several agencies and institutions  nongeneral fund share of an authorized deficit loan to the Department of Technology Planning for Year 2000 computer system compliance initiatives."

(This amendment save $4.5 million from the budget as introduced, by requiring nongeneral fund agencies to bear a proportionate share of the cost of a deficit loan for year 2000 compliance initiatives.)