Public Laws

123rd Legislature

Second Regular Session


Parts: A B C D E F G H I J K L M

Chapter 538

H.P. 1566 - L.D. 2196

PART C

Sec. C-1. Transfer of funds from Accident, Sickness and Health Insurance Internal Service Fund. Notwithstanding any other provision of law, the State Controller shall transfer $219,827 by June 30, 2008 and $448,707 by June 30, 2009 from the Accident, Sickness and Health Insurance Internal Service Fund in the Department of Administrative and Financial Services to the unallocated surplus of the Highway Fund. The fund transfer recognizes health insurance savings achieved through changes to be adopted by the State Employee Health Commission.

Sec. C-2. Transfer of excess equity reserve balance from Accident, Sickness and Health Insurance Internal Service Fund. Notwithstanding any other provision of law, the State Controller shall transfer $2,329,928, representing the Highway Fund share of excess equity reserve, by June 30, 2008 from the Accident, Sickness and Health Insurance Internal Service Fund in the Department of Administrative and Financial Services to the unallocated surplus of the Highway Fund.

Sec. C-3. Transfer of excess equity reserve balance from Retiree Health Insurance Internal Service Fund. Notwithstanding any other provision of law, the State Controller shall transfer $3,129,941 representing the Highway Fund share of excess equity reserve by June 30, 2008, from the Retiree Health Insurance Internal Service Fund in the Department of Administrative and Financial Services to the unallocated surplus of the Highway Fund.

Sec. C-4. Transfer of funds from Retiree Health Insurance Internal Service Fund. Notwithstanding any other provision of law, the State Controller shall transfer $62,962 by June 30, 2009 from the Retiree Health Insurance Internal Service Fund in the Department of Administrative and Financial Services to the unallocated surplus of the Highway Fund. The fund transfer recognizes retiree health insurance savings achieved through changes to be adopted by the State Employee Health Commission.

Office of the Revisor of Statutes
State House, Room 108
Augusta, ME 04333