2005 Session

Budget Amendments - SB700 (Conference Report)

View Budget Item
View Budget Item amendments

CIT Carryover Funding (language only)

Item 462 #1c

Item 462 #1c

Innovative Technology Authority

Page 418, after line 54, insert:
"J.  By July 1, 2005, the Director, Department of Planning and Budget, shall unallot an amount equivalent to the balance of uncommitted general fund appropriations of the Innovative Technology Authority at the end of fiscal year 2004.  Such amounts shall revert to the general fund."

(This amendment unallots the end of fiscal year 2004 carry forward balance of the Center for Innovative Technology. The Department of Planning and Budget had administratively authorized these funds to be retained by CIT, and allowed for its use for new initiatives and ongoing programs, in direct conflict with restrictions on the uses of carryover funding set out in Part 4 of the budget. This language has no impact on the appropriations for fiscal years 2005 and 2006.)