Current Amendment: 3710R008.LKG.DOCX to Bill 3710
Senator GROOMS proposes the following amendment (3710R008.LKG.DOCX):
Amend the bill, as and if amended, Part IB, Section 118, STATEWIDE REVENUE, pages 539-545, proviso 118.17, by striking the proviso in its entirety, and inserting:
/118.17. (SR: Non-recurring Revenue) The source of revenue appropriated in this provision is $159,845,460 of non-recurring revenue generated from Fiscal Year 2012-13 unobligated general fund revenue as certified by the Board of Economic Advisors and transferred to the State Treasurer. This revenue is deemed to have occurred and is available for use in Fiscal Year 2013-14 after September 1, 2013, following the Comptroller General's close of the state's books on Fiscal Year 2012-13. Any restrictions concerning specific utilization of these funds are lifted for the specified fiscal year. The above agency transfers shall occur no later than thirty days after the close of the books on Fiscal Year 2012-13 and shall be available for use in Fiscal Year 2013-14. The State Treasurer shall disburse all revenue available for appropriation under this provision to the Department of Transportation to serve as the match requirement for active federal aid eligible bridge replacement projects currently programmed in the Statewide Transportation Improvement Program (STIP) and Act 114 prioritized rehabilitation projects approved by the commission for future inclusion in the STIP as of May 1, 2013. Unexpended funds appropriated pursuant to this provision may be carried forward to succeeding fiscal years and expended for the same purpose.
Renumber sections to conform.
Amend sections, totals and title to conform.