EXPLANATION: Moving the Residual Balance amount within the Nonrecurring proviso 118.20 to the Office of the State Treasurer to comply with audit requirements. |
Amend the bill, as and if amended, Part IB, Section 118, STATEWIDE REVENUE, page 594, paragraph 118.20, after line 21, by inserting:
/(b) Audit Support $1,200,000;
(40.1) From the funds appropriated in item 40(b), the Office of the State Treasurer shall provide an itemized expenditure report of the funds to the Chairman of the Senate Finance Committee and the Chairman of the House Ways and Means Committee on December 31, 2024, and a final itemized expenditure report of the funds on June 30, 2025. The funds shall be utilized to comply with proviso 93.19./
Amend totals and titles to conform.