HB16-1417
Capital-related Transfers Of Moneys
Concerning capital-related transfers of moneys.
Session:
2016 Regular Session
Subjects:
Bill Summary
Capital Construction
State Revenue & Budget
For the 2016-17 fiscal year, the act transfers:
- $20,586,398 from the general fund to the capital construction fund;
- $10,697,409 from the general fund to the information technology capital account of the capital construction fund;
- $500,000 from the general fund exempt account of the general fund to the capital construction fund;
- $1 million of interest earned on the principal of the controlled maintenance trust fund to the capital construction fund; and
- $1 million from the preservation grant program account of the state historical fund to the capital construction fund for historical renovations of the state house of representatives' chambers and the state senate's chambers.
(Note: This summary applies to this bill as enacted.)