2003 Session

Budget Amendments - HB1400 (Committee Approved)

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Decent MR Threshold (language only)

Item C-0 #2h

Item C-0 #2h

General Conditions
General Conditions

Page 504, strike lines 51 through 54.
Page 505, strike lines 1 through 8 and insert:
"E. Expenditures from items in this act identified as "Maintenance Reserve" are to be made only for the maintenance of property, plant and equipment to the extent that funds included in the appropriation to the agency for this purpose in Part 1 of this act are insufficient. Institutions of higher education can expend up to $1,000,000 for a single repair or project through the maintenance reserve appropriation without a separate appropriation.  Such expenditures shall be subject to rules and regulations prescribed by the Governor.  To the extent an institution of higher education has identified a potential project that exceeds this threshold, the Director of the Department of Planning and Budget can provide exemptions to the threshold as long as the project still meets the definition of a maintenance reserve project as defined by the Department of Planning and Budget.  Only facilities supported wholly or in part by the general fund maintenance reserve appropriations shall utilize general fund maintenance reserve appropriations.  Facilities totally supported by nongeneral funds shall accomplish maintenance through the use of  nongeneral funds."

(This amendment is self-explanatory.)