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2002 Session

Budget Amendments - HB30 (Conference Report)

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Transfer from Uninsured Motorists Fund (language only)

Item 3-1.01 #20c

Item 3-1.01 #20c

Transfers
Interfund Transfers

Language
Page 419, after line 24, insert:
"AA. On or before June 30, the Comptroller shall transfer $6,511,636 in the first year and $7,182,041 in the second year from the Department of Motor Vehicle's Uninsured Motorists Fund to the general fund.  Of that amount in each year, $5,000,000 shall be from the share transferred to the State Corporation Commission."


Explanation
(This amendment provides the authority to transfer funds from a variety of DMV fees to the general fund.)