2000 Session

Budget Amendments - HB30 (Committee Approved)

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Electric Deregulation Reversion

Item 541 #3h

Item 541 #3h

First Year - FY2001 Second Year - FY2002
Central Appropriations
Central Appropriations FY2001 $0 FY2002 ($1,100,000) GF

Page 365, line 36, strike "($93,034,917)" and insert "($94,134,917)".
Page 366, after line 32, insert:
"D.  The Director, Department of Planning and Budget, shall revert to the general fund the second year an amount estimated at $1,100,000, representing savings accruing to general fund supported agencies as a result of electric industry deregulation and resultant rate savings."

(This amendment reduces general fund agency appropriations the second year, based on anticipated savings by state agencies and institutions in the rates paid for electricity due to industry deregulation.)