2015 Session

Budget Amendments - HB1400 (Member Request)

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Chief Patron: LeMunyon
Restore CIT Funding

Item 471.10 #11h

Item 471.10 #11h

First Year - FY2015 Second Year - FY2016
Central Appropriations
Central Appropriations FY2015 $2,500,000 FY2016 $0 GF

Page 441, line 19, strike "($60,072,307)" and insert "($57,572,307)".
Page 452, strike lines 25 and 26.
Page 452, strike lines 34 and 35.

(This amendment eliminates the major portions of savings identified at the Center for Innovative Technology by eliminating the transfer of funding to the state agency reversion account pursuant to Chapter 3. The two subcomponents of this action total $2,500,000 the first year and relate to the proposal to reduce general fund appropriations for the Growth Accelerator Program by $2.0 million and for the modeling and simulation program by $500,000 and instead use prior year fund balances for these activities. A companion amendment to Item 419 increases funding for these programs and thus frees up the unexpended balances for other uses within the Authority.)