LD 508
pg. 38
Page 37 of 41 An Act To Make Supplemental Appropriations and Allocations for the Expenditures... Page 39 of 41
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LR 2172
Item 1

 
SUMMARY

 
This bill does the following.

 
PART A

 
Part A makes appropriations and allocations of funds.

 
PART B

 
Part B makes appropriations and allocations of funds for
approved reclassifications and range changes.

 
PART C

 
Part C does the following.

 
1. It amends the law to increase the limit of transfers to
the circuit breaker reserve from up to $24,742,857 to up to
$26,777,647 in fiscal year 2004-05.

 
2. It lapses $374,368 of the unencumbered balance forward in
fiscal year 2003-04 in the Health Reform Reserve Fund to the
General Fund in fiscal year 2004-05.

 
3. It lapses $201,698 in the General Fund Compensation and
Benefit Plan account in the Department of Administrative and
Financial Services to the General Fund on June 30, 2005.

 
4. It requires the State Budget Officer to calculate and
transfer the amount of allocation to affected departments as an
offset to previous statewide measures enacted in PL 2003, chapter
20, Part B.

 
5. It requires the State Controller to transfer excess equity
of the State Retiree Health Insurance Fund not previously
identified for transfer.

 
6. It authorizes the Department of Administrative and
Financial Services, Office of the Chief Information Officer to
enter into financing arrangements in fiscal years 2004-05, 2005-
06 and 2006-07 for the acquisition of a statewide accounting and
purchasing system.

 
PART D

 
Part D does the following.


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