2010 Session

Budget Amendments - SB29 (Member Request)

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Chief Patron: Colgan
HE - Eliminate Withholding of Interest on Higher Education Institutions Auxiliary Enterprise Balance (language only)

Item 3-3.04 #2s

Item 3-3.04 #2s

General Fund Deposits
Interest Earnings

Page 322, line 27 after "constitution" insert:
"and Auxiliary Enterprise balances at public institutions of higher education."
Page 322, line 28, strike "$17,700,000" and insert "$12,300,000"

(This amendment eliminates the withholding of interest on higher education auxiliary balances in FY 2010. The action would restore approximately $5.4 million NGF in FY 2010.)