Sec. MM-1. Calculation and transfer; General Fund health insurance savings; negotiated plan. Notwithstanding any other provision of law, the State Budget Officer shall calculate the amount of savings in section 2 that applies against each General Fund account for all departments and agencies except legislative branch departments and agencies from additional savings in the cost of health insurance and shall transfer the amounts by financial order upon the approval of the Governor. These transfers are considered adjustments to appropriations in fiscal year 2006-07. The State Budget Officer shall provide the joint standing committee of the Legislature having jurisdiction over appropriations and financial affairs a report of the transferred amounts no later than November 1, 2006.
Sec. MM-2. Appropriations and allocations. The following appropriations and allocations are made.
ADMINISTRATIVE AND FINANCIAL SERVICES,
DEPARTMENT OF
Departments and Agencies - Statewide 0016
Initiative: Reduces funding to reflect additional savings to the State for the cost of health insurance through negotiated plan savings.
GENERAL FUND 2005-06 2006-07
Personal Services $0 ($4,466,803)
____________ ____________
GENERAL FUND TOTAL $0 ($4,466,803)
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