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2014 Special Session I

Budget Amendments - HB5002 (Floor Approved)

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Transfer Balances from the State Corporation Commission (language only)

Item 3-1.01 #4h

Item 3-1.01 #4h

Transfers
Interfund Transfers

Language
Page 444, after line 17, insert:
"DD. On or before June 30, 2015, the State Comptroller shall transfer $3,000,000 to the general fund from unobligated nongeneral fund balances at the State Corporation Commission, and on or before June 30, 2016, the State Comptroller shall transfer an additional $3,000,000 to the general fund from unobligated nongeneral fund balances at the State Corporation Commission."


Explanation
(This amendment authorizes the transfer of $6.0 million from nongeneral fund balances within State Corporation Commission to the general fund.)