Sec. VV-1. Transfer of funds; Department of Professional and Financial Regulation. Notwithstanding any other provision of law, the State Controller shall transfer $5,000,000 from the Other Special Revenue Funds accounts in the Department of Professional and Financial Regulation, including the Board of Licensure in Medicine, State Board of Nursing, Board of Optometric Examiners, Board of Dental Examiners, Board of Osteopathic Licensure and Board of Registration for Professional Engineers, to the unappropriated surplus of the General Fund no later than June 30, 2006. The Commissioner of Professional and Financial Regulation shall certify to the State Controller the accounts from which funds will be transferred and the amounts to be transferred from each account.
Sec. VV-2. Report by Commissioner of Professional and Financial Regulation. The Commissioner of Professional and Financial Regulation shall provide a report to the joint standing committee of the Legislature having jurisdiction over appropriations and financial affairs, the joint standing committee of the Legislature having jurisdiction over business, research and economic development matters and the joint standing committee of the Legislature having jurisdiction over insurance and financial services matters on the accounts affected and the amounts transferred pursuant to section 1 no later than June 30, 2006.
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