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ID H0413
Bill
Status
1/25/2012
Primary Sponsor
Transportation and Defense Committee
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AI Summary
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The board of examiners may authorize issuance of deficiency warrants not exceeding $5,000,000 per fiscal year to meet obligations and expenses during declared states of emergency.
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Upon board of examiners authorization, the state controller shall draw deficiency warrants in authorized amounts against the general fund.
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Restitution funds received from nonstate sources for emergency response costs shall be used to reimburse the general fund.
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The bill preserves all existing rights of recovery or subrogation under other provisions of law.
Legislative Description
Amends existing law to authorize the issuance of deficiency warrants for the purpose of meeting obligations and expenses in responding to a declared state of emergency by the Military Division.
DISASTER PREPAREDNESS
Last Action
to Transp
1/26/2012