Provides year-end appropriations and transfers.
APPROPRIATIONS -- Provides year-end appropriations and transfers.
STATEMENT OF PURPOSE
This bill provides five onetime cash transfers to address various purposes. One transfer would occur in FY 2019 and four would occur at the beginning of FY 2020. Section 1 transfers $9,000,000 from the Consumer Protection Fund to the General Fund in FY 2019 to increase the available cash balance. Section 2 transfers $3,400,000 from the Opportunity Scholarship Fund to the Public Education Stabilization Fund to address year-end shortfalls in the Public Schools (K-12) appropriation due to continued enrollment growth and participation in the Advanced Opportunities Program. Section 3 transfers an additional $8,600,000 to the Public Education Stabilization Fund from the General Fund in FY 2020. Section 4 transfers $8,053,500 from the General Fund to the Technology Infrastructure Stabilization Fund for specific FY 2020 technology projects. Section 5 transfers $2,000,000 from the General Fund in FY 2020 to the Disaster Emergency Fund to provide funding for state-declared disasters and to provide matching funds for federally-declared disasters. Current obligations to this fund project a FY 2020 shortfall of $1.9 million.
HOW THEY VOTED
House Third Reading
YEA (55)
Senate Third Reading
YEA (30)
ABSENT / NOT VOTING (2)
LATEST ACTION
Reported Signed by Governor on April 5, 2019 Session Law Chapter 316 Effective: 04/05/2019 SECTION 1; 07/01/2019 all other SECTIONS
BILL INFO
- Session
- 2019
- Chamber
- house
- Status date
- Apr 5, 2019