§ 3-1.00 TRANSFERS

§ 3-1.01 INTERFUND TRANSFERS

A.1. In order to reimburse the general fund of the state treasury for expenses herein authorized to be paid therefrom on account of the activities listed below, the State Comptroller shall transfer the sums stated below to the general fund from the nongeneral funds specified, except as noted, on January 1 of each year of the current biennium. Transfers from the Alcoholic Beverage Control Enterprise Fund to the general fund shall be made four times a year, with each payment amounting to one-fourth of the total for the year, and such transfers shall be made within fifty (50) days of the close of the quarter. The payment for the fourth quarter of each fiscal year shall be made in the month of June.

2.a. Transfers of net profits from the Alcoholic Beverage Control Enterprise Fund to the general fund shall be made four times a year, and such transfers shall be made within fifty (50) days of the close of each quarter. The transfer of fourth quarter profits shall be estimated and made in the month of June. In the event actual net profits are less than the estimate transferred in June, the difference shall be deducted from the net profits of the next quarter and the resulting sum transferred to the general fund. Distributions to localities shall be made within fifty (50) days of the close of each quarter. Net profits are estimated at $10,875,000 the first year and $6,975,000 $9,000,000 the second year.

b. Pursuant to § 4.1-116 B, Code of Virginia, the Department of Alcoholic Beverage Control shall notify the State Comptroller of the amount to be deducted quarterly from the net profits for transfer to the reserve fund established by the cited section.

B.1. If any transfer to the general fund required by this subsection § 3-1.01 is subsequently determined to be in violation of any federal statute or regulation, the State Comptroller is hereby directed to reverse such transfer and to return such funds to the affected nongeneral fund account.

2. There is hereby appropriated from the applicable funds such amounts as are required to be refunded to the federal government for mutually agreeable resolution of internal service fund over-recoveries as identified by the U. S. Department of Health and Human Services’ review of the annual Statewide Indirect Cost Allocation Plans.

C. In order to fund such projects for improvement of the Chesapeake Bay and its tributaries as provided in § 58.1-2289 D, Code of Virginia, there is hereby transferred to the general fund of the state treasury the amounts listed below. The Department of Motor Vehicles shall be responsible for effecting the provisions of this paragraph. The amounts listed below shall be transferred on June 30 of each fiscal year.

D. The provisions of Chapter 6 of Title 58.1, Code of Virginia notwithstanding, the State Comptroller shall transfer to the general fund from the special fund titled "Collections of Local Sales Taxes" a proportionate share of the costs attributable to increased local sales and use tax compliance efforts and retention of local mapping services by the Department of Taxation estimated at $5,379,659 the first year and $6,165,362 $5,964,704 the second year.

E. The State Comptroller shall transfer to the general fund from the Transportation Trust Fund a proportionate share of the costs attributable to increased sales and use tax compliance efforts by the Department of Taxation estimated at $2,426,629 the first year and $2,594,654 the second year.

F. The State Comptroller shall transfer on or before June 30, 2003, and June 30, 2004, respectively, to the general fund of the state treasury the following amounts from the agencies and fund sources listed below, for expenses incurred by central service agencies:

G.1. The Comptroller shall transfer to the Lottery Proceeds Fund an amount estimated at $362,637,757 the first year and $370,291,376 $384,991,376 the second year from the State Lottery Fund. The transfer for each year shall be made in two parts: (1) on or before June 30 of each year, the Comptroller shall transfer balances of the State Lottery Fund for the fiscal year, based on an estimate determined by the State Lottery Department and (2) no later than ten days after receipt of the annual audit report required by § 58.1-4023, Code of Virginia, the Comptroller shall transfer to the Lottery Proceeds Fund the remaining audited balances of the State Lottery Fund for the prior fiscal year. If such annual audit discloses that the actual revenue is less than the estimate on which the transfer was based, the State Comptroller shall transfer the difference between the actual revenue and the estimate from the Lottery Proceeds Fund to the State Lottery Fund. The State Comptroller shall take all actions necessary to effect the transfers required by this paragraph, notwithstanding the provisions of § 58.1-4022, Code of Virginia. The amount so transferred to the Lottery Proceeds Fund shall be accounted for and considered to be part of the general fund of the state treasury pursuant to § 58.1-4022, Code of Virginia.

2. On or before May 24 each year, the Comptroller shall transfer to the Lottery Proceeds Fund $108,624 from the State Lottery Fund. The Director, Department of Planning and Budget, shall subsequently transfer this amount to Item 146 of this act. This transfer is the Lottery Proceeds Fund’s pro rata share of the savings from a telecommunication contract, pursuant to § 3-1.01 R of this act.

3. On or before May 24, 2003, the Comptroller shall transfer to the Lottery Proceeds Fund $53,619 from the State Lottery Fund. The Director, Department of Planning and Budget, shall subsequently transfer this amount to Item 146 of this act. This transfer is the Lottery Proceeds Fund’s pro rata share of the charge for electronic procurement, pursuant to § 3-1.01 WW.1 of this act.

H.1. The State Treasurer is authorized to charge up to 20 basis points for each nongeneral fund account which he manages and which receives investment income. The assessed fees, which are estimated to generate $4,400,000 the first year and $4,400,000 $3,500,000 the second year, will be based on a sliding fee structure as determined by the State Treasurer. The amounts shall be paid into the general fund of the state treasury.

2. The State Treasurer is authorized to charge institutions of higher education participating in the pooled bond program of the Virginia College Building Authority an administrative fee of up to 10 basis points of the amount financed for each project in addition to a share of direct costs of issuance as determined by the State Treasurer. Such amounts collected, which are estimated to generate $96,166 the first year and $96,166 $115,000 the second year, shall be paid into the general fund of the state treasury.

3. The State Treasurer is authorized to charge agencies, institutions and all other entities that utilize alternative financing structures and require Treasury Board approval, including capital lease arrangements, up to 10 basis points of the amount financed in addition to a share of direct costs of issuance as determined by the State Treasurer. Such amounts collected, which are estimated to generate $76,200 the first year and $76,200 the second year, shall be paid into the general fund of the state treasury.

I. The State Comptroller shall transfer to the general fund of the state treasury fifty percent of the annual reimbursement received from the Manville Property Damage Settlement Trust for the cost of asbestos abatement at state-owned facilities. The balance of the reimbursement shall be transferred to the state agencies that incurred the expense of the asbestos abatement.

J. The State Comptroller shall transfer to the general fund from the Revenue Stabilization Fund in the state treasury any amounts in excess of the limitation specified in § 2.2-1829, Code of Virginia.

K.1. Not later than thirty days after the close of each quarter during the biennium, the Comptroller shall transfer, notwithstanding the allotment specified in § 58.1-1410, Code of Virginia, funds collected pursuant to § 58.1-1402, Code of Virginia, from the general fund to the Game Protection Fund. This transfer shall not exceed $1,846,462 the first year and $1,933,002 $2,614,755 the second year.

2. Notwithstanding the provisions of subparagraph K.1. above, the Governor may, at his discretion, direct the Comptroller to transfer to the Game Protection Fund, any funds collected pursuant to § 58.1-1402, Code of Virginia, that are in excess of the official revenue forecast for such collections.

L. The State Comptroller shall transfer prior to January 1, 2003, and January 1, 2004, respectively, to the general fund of the state treasury the following amounts from the agencies and fund sources listed below, for expenses incurred in processing payroll.

M. On or before June 30 each year of the biennium, the State Comptroller shall transfer an amount not to exceed $1,520,000 the first year and an amount estimated at $1,168,880 the second year from the general fund to the general account to repay the treasury loan provided to the Department of Accounts to replace the payroll and personnel systems with an integrated human resource information system. In the event that the amount of the loan balance at the date of repayment in the second year is less than $1,520,000, the entire loan balance shall be paid off.

N. The State Comptroller shall withhold or recover from nongeneral fund agencies, and transfer to the general fund, amounts estimated at $997,200 the first year and $997,200 the second year, through surcharges or other measures consistent with generally accepted accounting principles. Such sums shall be derived based on each of the nongeneral fund agencies' pro rata use of the state centralized payroll processing system. These sums shall be used for repayment of advances from the general account for development of the Integrated Human Resource Information System.

O.1. On or before June 30 each year, the State Comptroller shall transfer from the general fund to the Family Access to Medical Insurance Security Plan Trust Fund the amount required by § 32.1-352, Code of Virginia. This transfer shall not exceed $14,065,627 the first year and $14,065,627 the second year. The State Comptroller shall transfer 90 percent of the yearly estimated amounts to the Trust Fund on July 15 of each year.

2. Notwithstanding any other provision of law, interest earnings shall not be allocated to the Family Access to Medical Insurance Security Plan Trust Fund (agency code 602, fund detail 0903) in either the first year or the second year of the biennium.

P. The Comptroller shall transfer to the general fund on June 30 each year, the amount in excess of $750,000 in the Regulatory and Consumer Advocacy Revolving Trust Fund of the Office of the Attorney General (Fund 0239) in accordance with Item 51 of this act.

Q. Not later than thirty days after the close of each quarter during the biennium, the Comptroller shall transfer to the Game Protection Fund the general fund revenues collected pursuant to § 58.1-638 E, Code of Virginia. Notwithstanding § 58.1-638 E, this transfer shall not exceed $10,525,125 the first year and $10,525,125 the second year.

R. The State Comptroller shall transfer from agency nongeneral fund accounts to the general fund an amount estimated at $1,623,169, each year, resulting from savings pursuant to a telecommunications contract signed between a new vendor and the Department of Information Technology effective July 1, 2000. The Director, Department of Planning and Budget, shall provide the Comptroller with the specific amount to be transferred from each nongeneral fund account in the affected agencies.

S. On or before June 30 of each year, the State Comptroller shall transfer $250,000 to the general fund from the special fund balance of the Commission on the Virginia Alcohol Safety Action Program to reimburse the general fund for expenses incurred on related activities.

T. On or before June 30, 2003, the State Comptroller shall transfer to the general fund $2,000,000 from the Small Business Environmental Compliance Assistance Fund at the Department of Business Assistance.

U.1. Notwithstanding any contrary provision of law, on or before June 30, 2003, and June 30, 2004, the State Comptroller shall transfer amounts estimated at $121,320,418 the first year and $101,539,836 $99,239,836 the second year to the general fund of the state treasury from the state agencies indicated:

2. Prior to such transfer, the Department of Planning and Budget is authorized to adjust the above-cited amounts between agencies and between fund/fund detail amounts, so as to increase or decrease the amounts for an agency or for a designated fund/fund detail code, provided, however, that such adjustments shall not increase the total transfers to amounts in excess of the sums cited above. The Department of Planning and Budget shall notify the State Comptroller of such adjustments.

V. On or before June 30, 2003, the State Comptroller shall transfer to the general fund, an amount estimated at $54,283,677 the first year, representing the reduction of nongeneral fund retirement contributions resulting from the identification and resolution of dormant retirement accounts pursuant to a study completed by the Board of Trustees of the Virginia Retirement System. Appropriated funds from federal sources are exempted from this transfer.

W. Notwithstanding the provisions of § 58.1-638, Code of Virginia, or any other provision of law, on or before June 30, 2003, the State Comptroller shall transfer an amount not to exceed $317,000,000 the first year from the Transportation Trust Fund to the general fund. The State Comptroller shall make this transfer on a monthly basis in the amount of the sales and use tax deposited to the Transportation Trust Fund, excluding the payments to be made to the Commonwealth Port Fund, the Commonwealth Airport Fund, and the Commonwealth Mass Transit Fund. This transfer is the estimated amount of the one-half percent sales and use tax enacted by the 1986 Special Session of the General Assembly and which will be transferred into the general fund pursuant to Item 472, paragraph B, of this act. Transportation Trust Fund moneys are being replaced with Federal Reimbursement Anticipation Notes in accordance with Item 491, paragraph H 2, of this act.

X. On or before June 30, 2003, the State Comptroller shall transfer $15,514,648 to the general fund from the Virginia Tobacco Settlement Fund. This amount represents unspent balances that were generated due to delayed implementation of the Foundation's operations.

Y.1. On or before June 30 each year, the State Comptroller shall transfer from the Tobacco Indemnification and Community Revitalization Fund to the general fund an amount estimated at $215,401 the first year and $215,401 the second year. This amount represents the Tobacco Indemnification and Community Revitalization Commission’s fifty percent proportional share of the Office of the Attorney General’s and Tax Department’s expenses related to the enforcement of the 1998 Tobacco Master Settlement Agreement and § 3.1-336.2, Code of Virginia

2. On or before June 30 each year, the State Comptroller shall transfer from the Tobacco Settlement Fund to the general fund an amount estimated at $43,080 the first year and $43,080 the second year. This amount represents the Tobacco Settlement Foundation’s ten percent proportional share of the Office of the Attorney General’s and the Department of Taxation’s expenses related to the enforcement of the 1998 Tobacco Master Settlement Agreement and § 3.1-336.2, Code of Virginia

Z. On or before June 30, 2003, the State Comptroller shall transfer to the general fund $2,000,000 the first year and $900,000 the second year, from the Court Debt Collection Program Fund at the Department of Taxation.

AA. The State Comptroller shall transfer to the general fund, on or before June 30, 2003, and on or before June 30, 2004, from the University of Virginia Medical Center the actual amount of interest income earned by the investment of the University of Virginia Medical Center's nongeneral operating cash balances pursuant to § 23-77.4.C., Code of Virginia, or $2,500,000, whichever is less.

BB.1. The following surplus properties shall be sold and the proceeds of such sales deposited into the general fund, notwithstanding the provisions of § 2.2-1125 B., Code of Virginia: the Old Fairfax Residency Complex (Northern Virginia Training Facility), operated by the Department of Transportation; the Tidewater Detention Center in Chesapeake, operated by the Department of Corrections; the Staunton Correctional Center, operated by the Department of Corrections; and approximately ten acres of land adjacent to the White Post Detention Center, operated by the Department of Corrections. The estimated amount of the payments to be received is $5,930,000 the first year and $6,000,000 the second year.

2. Out of the amounts transferred to the general fund pursuant to subparagraph BB 1 above, the Comptroller shall transfer, on or before June 30, 2003, an amount estimated at $2,965,000 to the Conservation Resources Fund (§ 10.1-202, Code of Virginia).

CC. On or before June 30, 2003, the State Comptroller shall transfer from agency nongeneral fund accounts to the general fund an amount estimated at $7,115,687 for the reduction in state employee group life contributions for fiscal year 2003. On or before June 30, 2004, the State Comptroller shall transfer from agency nongeneral fund accounts to the general fund an amount estimated at $7,425,066 for the reduction in state employee group life contributions for fiscal year 2004. Appropriated funds from federal sources are exempt from this transfer.

DD. On or before June 30, 2003, the State Comptroller shall transfer from agency nongeneral fund accounts to the general fund an amount estimated at $7,619,310 for the reduction in retirement contributions resulting from the application of actuarially calculated rates for fiscal year 2003. On or before June 30, 2004, the State Comptroller shall transfer from agency nongeneral fund accounts to the general fund an amount estimated at $7,950,579 for the reduction in retirement contributions resulting from the application of actuarially calculated rates for fiscal year 2004. Appropriated funds from federal sources are exempt from this transfer.

EE. On or before June 30, 2003, the State Comptroller shall transfer from agency nongeneral fund accounts to the general fund an amount estimated at $563,662 representing savings in VRS retirement contributions resulting from seven percent reductions in administrative expenses of the Virginia Retirement System for fiscal year 2003. On or before June 30, 2004, the State Comptroller shall transfer from agency nongeneral fund accounts to the general fund an amount estimated at $644,185 representing savings in VRS retirement contributions resulting from across the board reductions in administrative expenses of the Virginia Retirement System for fiscal year 2004. Appropriated funds from federal sources are exempt from this transfer.

FF. On or before June 30, 2003 the Department of Information Technology shall transfer $829,025 to the general fund. This amount is a result of across-the-board reductions to Administrative and Support Services. All funds from the Virginia Retirement System and federal sources are excluded from these transfers.

GG. 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.

HH. On or before June 30, 2003, and June 30, 2004, the State Comptroller shall transfer $4,200,000 the first year and $6,700,000 $5,500,000 the second year to the general fund from the Intensified Drug Enforcement Jurisdictions Fund at the Department of Criminal Justice Services.

I VETO THIS ITEM /s/ MARK R. WARNER (5/17/02) (Vetoed item is enclosed in brackets.)

JJ. On or before May 24, 2003, the State Comptroller shall transfer from nongeneral fund accounts of the State Lottery Department to the Lottery Proceeds Fund an amount estimated at $891,427 representing savings resulting from seven percent reductions in administrative expenses of the State Lottery Department for fiscal year 2003. On or before May 24, 2004, the State Comptroller shall transfer from nongeneral fund accounts of the State Lottery Department to the Lottery Proceeds Fund an amount estimated at $1,018,773 for fiscal year 2004 representing eight percent reductions in administrative expenses.

KK. On or before June 30, 2003, and June 30, 2004, the State Comptroller shall transfer $2,376,000 the first year and $2,644,000 the second year to the general fund from the Alcoholic Beverage Control Fund, representing a seven percent budget reduction the first year and an eight percent budget reduction the second year, to be obtained through efficiencies at the Department of Alcoholic Beverage Control.

LL. On or before June 30, 2003, the State Comptroller shall transfer from nongeneral fund accounts of the Workers' Compensation Commission to the general fund an amount estimated at $1,104,718, representing savings resulting from seven percent reductions in administrative expenses of the Workers' Compensation Commission for fiscal year 2003. On or before June 30, 2004, the State Comptroller shall transfer from nongeneral fund accounts of the Workers' Compensation Commission to the general fund an amount estimated at $1,262,535 for fiscal year 2004, representing eight percent reductions in administrative expenses.

MM. On or before June 30, 2003, the State Comptroller shall transfer from nongeneral fund accounts of the State Corporation Commission to the general fund an amount estimated at $766,461, representing savings resulting from seven percent reductions in administrative expenses of the State Corporation Commission for fiscal year 2003. On or before June 30, 2004, the State Comptroller shall transfer from nongeneral fund accounts of the State Corporation Commission to the general fund an amount estimated at $875,956 for fiscal year 2004, representing eight percent reductions in administrative expenses.

NN. On or before June 30, 2003, the State Comptroller shall transfer from nongeneral fund accounts of the Charitable Gaming Commission Department of Charitable Gaming to the general fund an amount estimated at $187,963, representing savings resulting from seven percent reductions in administrative expenses of the Charitable Gaming Commission Department of Charitable Gaming for fiscal year 2003.

OO. On or before June 30, 2003, the State Comptroller shall transfer to the general fund $100,000 from the Special Unemployment Compensation Administration Fund at the Virginia Employment Commission.

PP. On or before June 30, 2003, the State Comptroller shall transfer to the general fund $4,000,000 from the Central Car Pool Internal Service Fund. The transfer reflects no new car purchases by the Division of Fleet Management during the fiscal year.

QQ. On or before June 30, 2003, the State Comptroller shall transfer from agency nongeneral fund accounts to the general fund an amount estimated at $4,743,795 for the suspension of the active portion of the state employee group life contributions for fiscal year 2003. On or before June 30, 2004, the State Comptroller shall transfer from agency nongeneral fund accounts to the general fund an amount estimated at $4,950,041 for the suspension of the active portion of the state employee group life contributions for fiscal year 2004. Appropriated funds from federal sources are exempt from this transfer.

RR. On or before June 30, 2003, the State Comptroller shall transfer from agency nongeneral fund accounts to the general fund an amount estimated at $3,693,506 for the suspension of a portion of the employer's contribution for the state employee retiree health credit program for fiscal year 2003. On or before June 30, 2004, the State Comptroller shall transfer from agency nongeneral fund accounts to the general fund an amount estimated at $3,854,092 for the suspension of a portion of the employer's contribution for the state employee retiree health credit program for fiscal year 2004. Appropriated funds from federal sources are exempt from this transfer.

SS. On or before June 30, 2003, the State Comptroller shall transfer from agency nongeneral fund accounts to the general fund an amount estimated at $1,697,000 for the suspension of a portion of the employer's contribution rate for the sickness and disability program for fiscal year 2003. On or before June 30, 2004, the State Comptroller shall transfer from agency nongeneral fund accounts to the general fund an amount estimated at $1,770,789 for the suspension of a portion of the employer's contribution rate for the sickness and disability program for fiscal year 2004. Appropriated funds from federal sources are exempt from this transfer.

TT. By June 30, 2004, the Comptroller shall transfer to the general fund an amount estimated at $21,110,062 from the Technology Partnership Fund. It is the intent of the General Assembly to meet all contractual obligations of the Public/Private Partnership Project.

UU. Prior to June 30, 2003, the State Comptroller shall transfer to the general fund $1,191,948 from special fund balances (fund 0227) of the Department of State Police.

VV. On or before July 15, 2002, the State Comptroller shall transfer $2,000,000 from the general fund to the special fund of the Commission on the Virginia Alcohol Safety Action Program. On or before June 30, 2004, the State Comptroller shall transfer $2,000,000 to the general fund from the special fund balance of the Commission on the Virginia Alcohol Safety Action Program.

WW.1. On or before June 30, 2003, the State Comptroller shall withhold or recover from nongeneral fund agencies and transfer to the general fund amounts estimated at $4,396,162. The Director, Department of Planning and Budget, shall provide the Comptroller with the specific amount to be transferred from each nongeneral fund account in the affected agencies. The Comptroller shall subsequently transfer these dollars to the electronic procurement account established by the Department of General Services. The transfer to the Department of General Services shall be made as needed with the approval of the Director, Department of Planning and Budget.

2. In the case of an agency or institution which is not executing the majority of its procurements utilizing the electronic procurement system, the State Comptroller, on or before June 30, 2004, shall withhold or recover from nongeneral fund agencies and transfer to the general fund a pro rata charge for its share of maintaining the statewide system. The amount shall be based on input from the Director, Department of Planning and Budget. Any such funds transferred to the general fund shall subsequently be transferred to the electronic procurement account established by the Department of General Services. The transfer to the Department of General Services shall be made as needed with the approval of the Director, Department of Planning and Budget.

3. These sums shall be used for developing and implementing a statewide electronic procurement system.

XX. On or before June 30, 2003, the State Comptroller shall transfer to the general fund an amount estimated at $5,734,080 from the proceeds of the sale of bonds for certain capital projects, said amount relating to FY 2002 expenditures from the general fund for such capital projects to be reimbursed from bond proceeds pursuant to a Declaration of Intent of the Treasurer of Virginia dated August 1, 2002, required under regulations of the Internal Revenue Service. The Director, Department of Planning and Budget, shall provide the State Comptroller with the amount to be transferred from each affected capital project.

YY. On or before June 30, 2004, the Virginia Information Technologies Agency shall transfer $416,541 to the general fund. This amount is a result of across-the-board reductions originally assigned to Administrative and Support Services in the Department of Information Technology. All funds from the Virginia Retirement System and federal sources are excluded from these transfers.

ZZ. Notwithstanding any other provision of law, on or before June 30, 2003, the State Comptroller shall transfer to the general fund from nongeneral fund accounts of state agencies an amount estimated at $522,211 the first year. These amounts reflect the nongeneral fund share of a reduction in the expenses of the Building Operations Fund of the Department of General Services, into which state agencies make rental payments. The Department of General Services will reimburse these state agencies for their share of the first year sum should any of these agencies have paid its yearly rent in full.

AAA. On or before June 30 each year, the State Comptroller shall transfer to the general fund an amount equal to $33,923 the first year and an amount equal to $50,885 the second year from the Office of Graphic Communication of the Department of General Services. These amounts represent a ten and fifteen percent reduction, respectively, in the estimated budget for this program. However, with the prior approval of the Secretary of Finance, the Department of General Services may substitute nongeneral fund revenue from another program for the amounts shown in this paragraph.

BBB. On or before June 30, 2003, the State Comptroller shall transfer $5,000,000 to the general fund from the General Liability Insurance Reserves at the Department of the Treasury.

CCC. On or before June 30, 2003, the State Comptroller shall transfer to the general fund $475,000 from the Criminal Injuries Compensation Fund at the Virginia Workers’ Compensation Commission to reimburse the general fund for the FY 2003 Line of Duty appropriation in the Department of Accounts.

DDD. On or before June 30, 2003, and June 30, 2004, the State Comptroller shall transfer $2,000,000 in the first year and $6,500,000 in the second year from the State Corporation Commission to the general fund. These amounts are savings from the deferral of the consumer education program for electricity deregulation.

EEE. Consistent with the provisions of Senate Bill 1247 and House Bill 1926, 2003 Session, the State Comptroller shall transfer on or before June 30, 2004, to the general fund an amount estimated at $19,393,549 $11,477,906, for expected savings resulting from information technology enterprise projects.

FFF. There is hereby created a special fund on the books of the State Comptroller, the Tax Amnesty Recovery Fund. The Department of Taxation shall conduct a tax amnesty program pursuant to legislation adopted by the 2003 Session of the General Assembly and all revenue collected from the tax amnesty program shall be deposited into such Fund. Prior to June 30, 2004, the Tax Commissioner shall determine what amounts would appropriately be distributed in accordance with state law to the Collections of Local Sales Tax Fund and Transportation Trust Fund and shall distribute such amounts from the Tax Amnesty Recovery Fund to the appropriate fund. The State Comptroller shall transfer the remaining balance to the general fund prior to June 30, 2004. The transfer to the general fund is estimated at $44,800,000 $89,462,100 in the second year. The transfer to the Collections of Local Sales Tax Fund and Transportation Trust Fund is estimated at $3,726,863 $8,847,900 the second year.

GGG. On or before June 30, 2004, the Comptroller shall transfer to the general fund an amount estimated at $3,500,000 from Fund Detail 0708 at the Compensation Board.

HHH. On or before June 30, 2003, the State Comptroller shall transfer $331,735 from the Alcoholic Beverage Control Enterprise Fund to the general fund. On or before June 30, 2004, the State Comptroller shall transfer $1,317,942 from the Alcoholic Beverage Control Enterprise Fund to the general fund. These funds represent savings as a result of implementing a 10 percent reduction to ABC Law Enforcement and Regulation.

III. On or before June 30, 2003, the State Comptroller shall transfer to the general fund an amount estimated at $8,900,000 from the State Corporation Commission, received by the Commission as settlement payments, fines or monetary penalties under the Global Settlement Agreement related to the investigation of certain brokerage firms and financial analysts by the State of New York.

JJJ. On or before June 30, 2003, the State Comptroller shall transfer $3,200,000 to the general fund from the State Insurance Reserve Trust Fund at the Department of the Treasury.

KKK. On or before June 30, 2004, the Comptroller shall transfer $10,000,000 from the Department of Motor Vehicles to the general fund. This transfer shall come from the increased revenues received by the department from the increase in the motor vehicle records fee as authorized by § 3-6.01 A, Chapter 899 of the 2002 Acts of Assembly.

LLL. On or before June 30, 2004, the Comptroller shall transfer $13,800,000 from the Department of Motor Vehicles to the general fund. This transfer shall come from the increased revenues received by the department from the increase in the motor vehicle registration fee as authorized § 3-6.01 B, Chapter 899 of the 2002 Acts of Assembly.

MMM. The State Comptroller shall transfer from agency nongeneral fund accounts to the general fund an amount estimated at $677,093 on or before June 30, 2004, resulting from savings pursuant to a Virginia Information Technologies Agency rate decrease for telecommunications services effective November, 2003. The Director of the Department of Planning and Budget shall provide the Comptroller with the amount to be transferred from each agency.

NNN. On or before June 30, 2004, the Comptroller shall transfer from the general fund to the Department of Motor Vehicles, an amount not to exceed $6,000,000 to be used to satisfy the outstanding treasury loan to the department.

OOO. On or before June 30, 2004, the State Comptroller shall transfer $240,706,404.38 from Agency 997 to the general fund. This transfer represents State Fiscal Relief Payments to the Commonwealth pursuant to the federal Jobs and Growth Tax Relief Reconciliation Act of 2003. This transfer shall reimburse the general fund for budgeted costs incurred for public education.