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2004 Special Session I

Budget Amendments - HB5001 (Committee Approved)

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Legislative Reversion Clearing Account (language only)

Item 23 #1h

Item 23 #1h

Legislative Department
Legislative Department Reversion Clearing Account

Language
Page 14, after line 38, insert:
"On or before June 30, 2005, the Joint Rules Committee shall authorize the reversion of $500,000 to the general fund, representing savings generated by the legislative agencies.  On or before June 30, 2006, the Joint Rules Committee shall authorize the reversion of $500,000 to the general fund, representing savings generated by legislative agencies in the second year."


Explanation
(This amendment provides language authorizing the reversion of general fund savings generated by legislative agencies. The total savings to be generated by legislative agencies in the biennium is $1.0 million.)