Senate Bill No. 502–Committee on Finance

 

May 28, 2003

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Referred to Committee on Finance

 

SUMMARY—Extends reversion date of certain appropriations from previous sessions for park improvements. (BDR S‑1366)

 

FISCAL NOTE:  Effect on Local Government: No.

                           Effect on the State: Yes.

 

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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted.

 

AN ACT relating to recreation; extending the reversion date of certain appropriations from previous sessions for park improvements; 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. Section 4 of chapter 536, Statutes of Nevada 1997,

1-2  as last amended by section 5 of chapter 475, Statutes of Nevada

1-3  2001, at page 2385, is hereby amended to read as follows:

1-4  Sec. 4.  Any remaining balance of the appropriation

1-5  made by section 1 of chapter 536, Statutes of Nevada 1997:

1-6  1.  For use as provided in subsections 4, 5, 7 and 9 of that

1-7  section must not be committed for expenditure after June 30,

1-8  1999, and reverts to the state general fund as soon as all

1-9  payments of money committed have been made.

1-10      2.  For use as provided in subsections 1, 2, 3, 6 and 8 of

1-11  that section must not be committed for expenditure after

1-12  June 30, [2003,] 2005, and reverts to the state general fund as

1-13  soon as all payments of money committed have been made.

1-14      Sec. 2.  Section 7 of chapter 475, Statutes of Nevada 2001, at

1-15  page 2385, is hereby amended to read as follows:

1-16      Sec. 7.  Any remaining balance of the appropriation

1-17  made by section 6 of this act must not be committed for

2-1  expenditure after June 30, [2003,] 2005, and reverts to the

2-2  state general fund as soon as all payments of money

2-3  committed have been made.

2-4  Sec. 3.  This act becomes effective upon passage and approval.

 

2-5  H