Governor Deval Patrick's Budget Recommendation - House 1 Fiscal Year 2014

Outside Section 20



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Extend Authorization to Transfer Trust Balances

SECTION 20.   Notwithstanding any general or special law to the contrary, upon receiving a written request from the secretary of administration and finance, the comptroller shall transfer to the General Fund all or part of the unexpended balance of a fund, trust fund or other separate account, in existence on April 1, 2013, whether established administratively or by law, including a separate account established under section 6 of chapter 6A of the General Laws or section 4F of chapter 7 of the General Laws. The secretary and comptroller shall report to the house and senate committees on ways and means 45 days before any such transfer. The request shall certify that the secretary, in consultation with the comptroller, has determined that this balance, or the specified part of it, is not to be necessary for the purposes for which it was made available.
 
 

Summary:
This section extends to fiscal year 2014 authorizations in the fiscal year 2011, 2012, and 2013 budgets to transfer to the General Fund certain trust and account balances, and now allows all or part of these balances to be transferred.



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