Repeal Annual General Fund Transfer to Revolving Fund
Money in the state agency sustainability revolving fund (fund) is used for the operation of the office of sustainability and to assist in replacing the state's gas- and diesel-powered equipment that is located in ozone nonattainment areas with equivalent electric equipment. The act repeals the requirement that the state treasurer transfer $400,000 from the general fund to the fund on July 1 of each year.
(Note: This summary applies to this bill as enacted.)