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Appropriation Amendment: \\ntleg18\itdreview\session\2002\Senate\appbills\html\HB1943am995363.html

995363                                                     
GENERAL APPROPRIATIONS BILL FIRST ENGROSSED          Committee       Amendment
HB1943                                                   GG              9


Senator(s): Clary
moved the following amendment to the amendment to HB1943:

Section: 06              EXPLANATION:

On Page: 280             Clarifies proviso language that privatization of the
                         Black Business Investment Board is contingent on Senate
Spec App: 2481           Bill 380 or identical legislation becoming law.

NET IMPACT ON:            Total Funds       General Revenue          Trust Funds
    Recurring -                    0                     0                    0 
Non-Recurring -                    0                     0                    0 
_________________________________________________________________________________

                                                  Positions & Amount   Positions & Amount
                                                      DELETE         INSERT

        GOVERNOR, EXECUTIVE OFFICE OF THE
        Program: Office Of Tourism, Trade And 
        Economic Development
        Economic Development Programs And 
        Projects  31800600

        In Section 06  On Page 280
2481    Lump Sum  098015
        Communities With Special Needs/Economic                
        Opportunities  IOEA

DELETE the proviso in the fourth paragraph after Specific Appropriation 
2481:

Recurring  funds  in  Specific Appropriation 2481 for the Black Business
Investment Board reflect the creation of a not-for-profit corporation to
administer  black  business  investment programs.  These recurring funds
are  contingent  upon  substantive legislation becoming law creating the
not-for-profit   corporation.    In  the  event  that  such  substantive
legislation does not become law, the Executive Office of the Governor is
authorized  to  restore positions and budget within the Executive Office
of the Governor to administer black business investment programs.

and insert in lieu thereof:

Recurring  funds  in  Specific Appropriation 2481 for the Black Business
Investment Board reflect the creation of a not-for-profit corporation to

     995363  Log:0016  JSD/JSD           03/18/02 05:44:40 PM  Senate  Page: 1
administer  black  business  investment programs.  These recurring funds
are  contingent  upon  Senate Bill 386 or identical legislation becoming
law creating the not-for-profit   corporation.    In  the  event  that 
such  substantive legislation does not become law, the Executive Office
of the Governor is authorized  to  restore positions and budget within
the Executive Office of the Governor to administer black business
investment programs.

Line item amendments are accepted as part of the amendatory process. However, due to the necessity of using computerized systems this may entail a different placement within a budget entity or the renumbering of the specific appropriation items.
995363 Log:0016 JSD/JSD 03/18/02 05:44:40 PM Senate Page: 2