997549                                                     
Committee
HI
Amendment
41
GENERAL APPROPRIATIONS BILL SB2800 Senator(s) Lynn moved the following amendment:
Section: 01
On Page: 001

Spec App:

EXPLANATION:
Inserts standard proviso language relating to Grants
and Aids quarterly advances and a release schedule
for financial aid appropriations. This is a
technical amendment.
NET IMPACT ON: Total Funds General Revenue Trust Funds Recurring - 0 0 0 Non-Recurring - 0 0 0 ______________________________________________________________________________________ Positions & Amounts Positions & Amounts DELETE INSERT In Section 01 On Page 001 Immediately following "EDUCATION, DEPARTMENT OF", INSERT: Funds provided in Sections 1 and 2 of this act as Grants and Aids-Special Categories or as Grants and Aids-Aid to Local Governments may be advanced quarterly throughout the fiscal year based on projects, grants, contracts and allocation conference documents. Of the funds provided in Specific Appropriations 5,6,67,72,75 through 84, and 163 for student financial assistance, 60 percent shall be released at the beginning of the first quarter and the balance at the beginning of the third quarter.
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. Items printed in italics are computer codes and are not a part of the official text of this amendment.
997549 Log:0037 PGB/PGB 04/10/07 04:46:35 PM Senate Page: 1