SB3828 Summary

• Appropriates $17,340,330 to the Office of the State Treasurer for ordinary and contingent expenses including personal services, employee benefits, contractual services, and operational costs from General Revenue Fund and State Pensions Fund

• Appropriates $8,100,000 from Bank Services Trust Fund for payments to financial institutions for banking services

• Appropriates $47,695,750 from General Revenue Fund for refunds of estate tax overpayments and $2,000,000 for refunds of accrued interest on protested tax cases

• Appropriates $2,951,907,500 from General Obligation Bond Retirement and Interest Fund for payment of principal and interest on state bonds issued under multiple bond acts

• Appropriates $2,000,000 from Charitable Trust Stabilization Fund for State Treasurer operational costs and grants to public and private entities, plus $252,900 for an Inspector General position and $1,000,000 for arbitrage rebate payments