1998 Special Session I

Budget Bill - HB4001 (Introduced)

Central Appropriations

Item 547.20

Item 547.20

First Year - FY1999Second Year - FY2000
Reversion Clearing Account - Higher Education (22700)-$7,213,339-$19,961,274
Fund Sources: 
GeneralFY1999 -$7,213,339FY2000 -$19,961,274

Authority: Discretionary Inclusion

The Director of the Department of Planning and Budget shall withhold from institutions of higher education appropriations amounts appropriated from the general fund for faculty salaries. These amounts, estimated at $7,213,339 the first year and $19,961,274 the second year, shall be transferred to this item. These savings shall fund the 1,400 new elementary teachers provided in Item 138 C.2.l. of this act.