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2010 Session

Budget Amendments - HB30 (Floor Approved)

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Transfer Balances from the State Corporation Commission (language only)

Item 3-1.01 #11h

Item 3-1.01 #11h

Transfers
Interfund Transfers

Language
Page 372, after line 27 insert:
""MM. On or before June 30, 2011, the State Comptroller shall transfer $20,000,000 to the general fund from unexpended nongeneral fund balances at the State Corporation Commission.  The transfer shall consist of $10,000,000 from the Public Service Company Fees and Taxes fund (Fund 0208), $5,000,000 from the Insurance Fees and Assessment Fund (Fund 0209), and $5,000,000 from the Clerks Office Registration Fund (Fund 0217)."


Explanation
(This amendment authorizes the transfer of $20.0 million from nongeneral fund balances within State Corporation Commission.)