Sec. U-1. Account established. The Help America Vote Act of 2002 Other Special Revenue Funds account is established as a nonlapsing Other Special Revenue funds account in the Department of the Secretary of State, Bureau of Corporations, Elections and Commissions to carry out the mandates of the federal Help America Vote Act of 2002. Interest earned on funds deposited in the Help America Vote Act of 2002 Other Special Revenue Funds account must accrue to the account and become part of the assets of the account. The account must be held separate and apart from all other money, funds and accounts.
Sec. U-2. Transfer of funds. Notwithstanding any other provision of law, the State Controller is authorized to transfer $100,000 of unencumbered balance forward in fiscal year 2003-04 in the Bureau of Corporations, Elections and Commissions, General Fund account in the Department of the Secretary of State, to the Help America Vote Act of 2002 Other Special Revenue Funds account.
Sec. U-3. Federal Expenditures Fund account. Funds received from the Federal Government as a result of the federal Help America Vote Act of 2002 must be deposited in an account that must be held separate and apart from all other money, funds and accounts. Interest earned on funds deposited in the Help America Vote Act of 2002 Federal Expenditures Fund account must accrue to the account and become part of the assets of the account.
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