exempt

                                                  (Reprinted with amendments adopted on May 31, 2003)

                                                                                    FIRST REPRINT                                                              S.B. 243

 

Senate Bill No. 243–Committee on Finance

 

(On Behalf of the Department of Administration)

 

March 7, 2003

____________

 

Referred to Committee on Finance

 

SUMMARY—Makes appropriations from State General Fund to Fund to Stabilize the Operation of State Government. (BDR S‑1234)

 

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.

Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).

 

AN ACT making appropriations from the State General Fund to the Fund to Stabilize the Operation of State Government; 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

1-2  General Fund to the Fund to Stabilize the Operation of State

1-3  Government created by NRS 353.288 the sum of $30,000,000.

1-4  2.  Notwithstanding the provisions of NRS 353.235:

1-5  (a) Upon receipt of the projections and estimates of the

1-6  Economic Forum required by paragraph (d) of subsection 1 of NRS

1-7  353.228 to be reported on or before December 1, 2004, the Interim

1-8  Finance Committee shall project the ending balance of the State

1-9  General Fund for Fiscal Year 2004-2005, using all relevant

1-10  information known to it.

1-11      (b) Except as otherwise provided in paragraph (c), there is

1-12  hereby contingently appropriated from the State General Fund to the

1-13  Fund to Stabilize the Operation of State Government created by

1-14  NRS 353.288 the amount, if any, by which the projection required

1-15  by paragraph (a) exceeds the amount of the ending balance of the


2-1  State General Fund for Fiscal Year 2004-2005 as estimated by the

2-2  2003 Legislature.

2-3  (c) The amount of any appropriation pursuant to paragraph (b)

2-4  must not exceed $20,000,000.

2-5  Sec. 2.  This act becomes effective on July 1, 2004.

 

2-6  H