Senate Bill No. 304–Committee on Finance

(On Behalf of Budget Division)

March 3, 1999

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Referred to Committee on Finance

 

SUMMARY—Revises provisions governing fund for the National Judicial College. (BDR S-1451)

FISCAL NOTE: Effect on Local Government: No.

Effect on the State or on Industrial Insurance: Contains Appropriation included in Executive Budget.

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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted. Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).

 

AN ACT relating to state financial administration; making an appropriation to the National Judicial College; requiring the transfer of money from the fund for the National Judicial College to the state general fund; authorizing the return of the money transferred from the fund under certain circumstances; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

1-1 Section 1. 1. There is hereby appropriated from the state general

1-2 fund to the National Judicial College the sum of $600,000 to assist in

1-3 securing public and private grants and other funding for support during the

1-4 1999-2001 biennium.

1-5 2. Any remaining balance of the appropriation made by subsection 1

1-6 must not be committed for expenditure after June 30, 2001, and reverts to

1-7 the state general fund as soon as all payments of money committed have

1-8 been made.

1-9 Sec. 2. On June 30, 1999, the state controller shall transfer the sum of

1-10 $5,000,000 from the fund for the National Judicial College, created by

1-11 NRS 1.470, to the state general fund.

1-12 Sec. 3. On or after July 1, 2001, the State Board of Examiners may

1-13 recommend to the Interim Finance Committee that the money transferred to

1-14 the state general fund pursuant to section 2 of this act be repaid to the fund

2-1 for the National Judicial College if the Clerk of the State Board of

2-2 Examiners finds that sufficient money exists from the appropriate revenue

2-3 sources to effect the repayment. Upon approval of the Interim Finance

2-4 Committee, the money may be so transferred. The money transferred

2-5 pursuant to this section is hereby appropriated to the fund.

2-6 Sec. 4. This act becomes effective upon passage and approval.

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