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HB24-1425

Transfers for Capital Construction

Concerning transfers of money for capital construction.
Session:
2024 Regular Session
Subjects:
Capital Construction
State Revenue & Budget
Bill Summary

Joint Budget Committee. The bill requires the transfer, on July 1, 2024, of:

  • $1,000,000 from the legal services cash fund to the capital construction fund;
  • $ 160,844,354 159,844,354 from the general fund to the capital construction fund;
  • $70,811,334 from the general fund to the information technology capital account of the capital construction fund;
  • $500,000 from the general fund exempt account of the general fund to the capital construction fund;
  • $84,875,462 from the controlled maintenance trust fund to the capital construction fund; and
  • $1,000,000 from the marijuana tax cash fund to the information technology capital account of the capital construction fund.

(Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.)


(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Introduced
Passed
Became Law

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Bill Text

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details