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Budget Summary FY2014

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Outside Section 202
Data Current as of:  9/11/2013




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Tax Settlement Revenue

SECTION 202.   Notwithstanding any general or special law to the contrary, in fiscal year 2014, prior to certifying the consolidated net surplus under section 5C of chapter 29 of the General Laws, the comptroller shall transfer from the Commonwealth Stabilization Fund, established pursuant to section 2H of chapter 29 of the General Laws, to the General Fund the lesser of: (i) 1/2 the amounts transferred to the Commonwealth Stabilization Fund under the third paragraph of said section 2H of said chapter 29 in fiscal year 2014; or (ii) $35,000,000.