| | | for General Fund and Highway Fund revenue projections for the | | next 2 fiscal biennia. In its report the committee shall fully | | describe the methodology employed in reaching its | | recommendations. Revenue projections for other funds of the | | State may be included in the report at the discretion of the | | committee. |
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| | | Sec. AA-5. 5 MRSA §1710-I, as enacted by PL 1995, c. 368, Pt. J, §1 | | and amended by PL 1997, c. 526, §14, is further amended to read: |
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| | | The committee may receive staff assistance from the Bureau of | | the Budget, the State Planning Office, the Bureau of Revenue | | Services and, at the discretion of the Legislature, the Office of | | Fiscal and Program Review shall provide staff assistance to the | | committee. The committee may also utilize other professionals | | having revenue forecasting, economic and fiscal expertise. The | | Bureau of Revenue Services shall assist in the drafting of the | | committee's reports. |
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| | | Sec. AA-6. 5 MRSA §1710-R is enacted to read: |
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| | | §1710-R.__Economic forecasting models |
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| | | The commission shall use the economic forecasting models | | purchased and maintained by the Executive Department, State | | Planning Office to develop its forecast.__The State Planning | | Office shall update its forecasting models on a schedule | | consistent with the reporting dates of the commission. |
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| | | Sec. BB-1. Transfer of funds. Notwithstanding any other provision of | | law, the State Controller shall transfer $180,000 in fiscal year | | 2003-04 from the IV-D Cooperative Agreement, Other Special | | Revenue Funds account in the Judicial Department to the General | | Fund no later than June 30, 2004. |
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| | | Sec. CC-1. Carrying balance; Bureau of Resource Management. | | Notwithstanding any other provision of law, $90,000 in the All | | Other line category in Bureau of Resource Management, General | | Fund account in the Department of Marine Resources must carry | | forward to fiscal year 2003-04 to be used for the purposes | | originally intended. |
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