(Doc Name H:\LEGWORK\HOUSE\AMEND\COUNCIL\DKA\4016SD12.DOCX):
EXPLANATION:
Amend the bill, as and if amended, Part IB, Section 89, GENERAL PROVISIONS, page 509, after line 18, by adding an appropriately numbered paragraph to read:
/ 89. ____. (GP: Appropriations Reduction-Transfer to EFA) Notwithstanding the amount of general fund revenues appropriated in Part IA of this act, each such appropriation, not including appropriations to service general obligation state bonded indebtedness and the appropriation to the Capital Reserve Fund, must be reduced effective July 1, 2012, by a proportional amount, as calculated by the Office of State Budget, sufficient to produce $338,394,320. That amount is added to the appropriation for EFA funding in Section 1, Part IA of this act./
Renumber sections to conform.
Amend totals and titles to conform.