OFA Bill Analysis

HB 5015

AN ACT MAKING DEFICIENCY APPROPRIATIONS FOR THE FISCAL YEAR ENDING JUNE 30, 2012.

SUMMARY:

The bill makes changes to various state agencies' appropriations. This results in no net change to the General or Transportation Funds. The increases in appropriations to the General Fund of $ 7. 6 million and to the Transportation Fund of $ 1. 8 million are both offset by corresponding appropriations reductions.

The bill also allows for the unexpended FY 11 carry forward in the Reserve for Salary Adjustments account to lapse in FY 12 and not be carried forward into FY 13.

EFFECTIVE DATE: Upon passage

COMMITTEE ACTION

Appropriations Committee

Joint Favorable

Yea

54

Nay

0

3/29/12