2004 Special Session I

Budget Amendments - HB5001 (Committee Approved)

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Rainy Day Deposit

Item 280 #1h

Item 280 #1h

First Year - FY2005 Second Year - FY2006
Accounts Transfer Payments, Department of FY2005 $0 FY2006 $15,000,000 GF

Page 207, line 10, strike "$87,000,000" and insert "$102,000,000".
Page 207, line 14, before "Out", insert "A."
Page 207, after line 20, insert:
"B. In addition to the amounts included in paragraph A, $15,000,000 the second year from the general fund shall be paid into the Revenue Stabilization Fund representing an additional payment."

(This amendment provides an additional deposit to the Revenue Stabilization Fund of $15 million in 2006, resulting in a projected balance of approximately $365.0 million or about 40 percent of the fund’s balance in 2002.)