2007 Session

Budget Amendments - HB1650 (Conference Report)

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Uniform Carrier Registration (language only)

Item 3-2.03 #1c

Item 3-2.03 #1c

Working Capital Funds and Lines of Credit
Lines of Credit

Page 617, after line 39, insert:
"d.  The State Comptroller is hereby authorized to provide lines of credit of up to $2,500,000 to the Department of Motor Vehicles and up to $2,500,000 to the Department of State Police to be repaid from revenues provided under the federal government's establishment of Uniform Carrier Registration."

(This amendment authorizes DMV and State Police to obtain lines of credit to address temporary shortfalls in funding due to federal changes in the program governing for-hire interstate motor carriers.)