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ID H0724

Bill

Status

Passed

4/11/2010

Primary Sponsor

Unknown

Origin

House of Representatives

2010 Regular Session

AI Summary

  • Reduces State Tax Commission appropriation by $851,400 from the Abandoned Property Trust - Unclaimed Property Fund for fiscal year 2011 (July 1, 2010 through June 30, 2011)

  • Reduces State Tax Commission by 8 full-time equivalent positions during fiscal year 2011

  • Appropriates $421,400 to State Tax Commission from the Administration and Accounting Fund for the same fiscal year period

  • Appropriates $851,400 to State Treasurer from the Abandoned Property Trust - Unclaimed Property Fund for personnel costs ($430,000) and operating expenditures ($421,400)

  • Authorizes State Treasurer to hire up to 8 additional full-time equivalent positions during fiscal year 2011

Legislative Description

Transfers the budget for the unclaimed property program from the State Tax Commission to the State Treasurer in accordance with H680.

APPROPRIATIONS

Last Action

Governor signed Session Law Chapter 307 Effective: 07/01/10

4/11/2010

Committee Referrals

Finance3/26/2010

Full Bill Text

No bill text available