Chapter 538
H.P. 1566 - L.D. 2196
PART E
Sec. E-1. Calculation and transfer; Highway Fund insurance savings. Notwithstanding any other provision of law, the State Budget Officer shall calculate the amount of projected savings in section 2 of this Part that applies against each Highway Fund account for all departments and agencies from savings in the cost of property insurance and vehicle liability insurance and shall transfer the amounts by financial order upon the approval of the Governor. These transfers are considered adjustments to allocations in fiscal years 2007-08 and 2008-09.
Sec. E-2. Allocations. The following allocations are made.
ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF
Departments and Agencies - Statewide 0016
Initiative: Reduces funding to reflect savings to the State for the cost of property insurance and vehicle liability insurance through negotiated plan savings and adjustments in coverage as part of the initiative to streamline State Government in accordance with Public Law 2007, chapter 240, Part QQQ.
| HIGHWAY FUND | 2007-08 | 2008-09 |
|
All Other
|
($21,709) | ($21,709) |
 |
|
|
| HIGHWAY FUND TOTAL | ($21,709) | ($21,709) |