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2008 Session

Budget Amendments - SB29 (Committee Approved)

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Uninsured Motorists Fund Balance (language only)

Item 3-1.01 #1s

Item 3-1.01 #1s

Transfers
Interfund Transfers

Language
Page 258, line 27, after “Commission.”, insert:
“On or before June 30, 2008 the Comptroller shall transfer $2,500,000 from the Department of Motor Vehicles’ Uninsured Motorists Fund to the general fund.  These amounts shall be from the share that is appropriated to the Department of Motor Vehicles to effect its information technology initiatives and would otherwise be transferred to the State Corporation Commission.”


Explanation
(This amendment captures one-time savings reflected from an updated project schedule for the agency’s systems redesign project.)