Menu
2015 Session

Budget Amendments - HB1400 (Committee Approved)

View Budget Item
View Budget Item amendments

DGS - Transfer of NGF Balances (language only)

Item 3-1.01 #5h

Item 3-1.01 #5h

Transfers
Interfund Transfers

Language
Page 506, after line 44, insert:
"AAA. On or before June 30, 2015, the State Comptroller shall transfer an amount estimated at $300,000 from the Department of General Services' State Surplus Property Suspense Fund (0260) to the general fund.  Out of this amount, the Comptroller shall transfer into the Federal Repayment Reserve Fund an amount estimated to be sufficient to pay the federal government in anticipation of a federal repayment resulting from this transfer.  The State Comptroller shall notify the Director, Department of Planning and Budget of the final federal repayment transfer amount prior to making the transfer into the Federal Repayment Reserve Fund."


Explanation
(This amendment transfers $300,000 in nongeneral fund balances from the Department of General Services to the general fund.)