2013 Session

Budget Amendments - SB800 (Conference Report)

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GOF Balances (language only)

Item 3-1.01 #5c

Item 3-1.01 #5c

Interfund Transfers

Page 483, after line 4, insert:
"PP. On or before June 30 of each year, the State Comptroller shall transfer $5,000,000 the first year and $2,500,000 the second year to the general fund from accumulated balances in the Governor's Opportunity Development Fund."

(This amendment transfers projected balances from the Governor's Opportunity Development Fund to the general fund at the end of each year. The fund has ended the past several fiscal years with balances in excess of commitments.)