exempt

                                                   (REPRINTED WITH ADOPTED AMENDMENTS)

 

Senate Bill No. 491–Committee on Finance

 

(On Behalf of Department of Administration—Budget Division)

 

March 26, 2001

____________

 

Referred to Committee on Finance

 

SUMMARY—Makes appropriation to Opportunity Village Foundation for revitalization of thrift stores that are operated by Opportunity Village Foundation. (BDR S‑1354)

 

FISCAL NOTE:  Effect on Local Government: No.

                             Effect on the State: 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.

 

AN ACT making an appropriation to Opportunity Village Foundation for the revitalization of the thrift stores that are operated by the Opportunity Village Foundation; 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 Opportunity Village Foundation the sum of $$250,000 for the

1-3  revitalization of the thrift stores that are operated by the Opportunity

1-4  Village Foundation.

1-5    2.  Upon acceptance of the money appropriated by subsection 1, the

1-6  Opportunity Village Foundation agrees to:

1-7    (a) Prepare and transmit a report to the Interim Finance Committee on

1-8  or before December 15, 2002, that describes each expenditure made from

1-9  the money appropriated by subsection 1 from the date on which the money

1-10  was received by the Opportunity Village Foundation through December 1,

1-11  2002; and

1-12  (b) Upon request of the Legislative Commission, make available to the

1-13  Legislative Auditor any books, accounts, claims, reports, vouchers or other

1-14  records of information, confidential or otherwise and irrespective of their

1-15  form or location, that the Legislative Auditor deems necessary to conduct

1-16  any audit of the use of the money appropriated pursuant to subsection 1.

 

 

2-1    Sec. 2.  Any remaining balance of the appropriation made by section 1

2-2  of this act must not be committed for expenditure after June 30, 2003, and

2-3  reverts to the state general fund as soon as all payments of money

2-4  committed have been made.

2-5    Sec. 3.  This act becomes effective upon passage and approval.

 

2-6  H