Bill Summary: HB 1197

• Appropriates funds to the Office of the State Treasurer from the General Revenue Fund for the fiscal year ending June 30, 2010, with a total amount of $0.00.

• Appropriates $0.00 to the State Land Reimbursement Fund from the Special Cash Fund to make county payments for state-owned agricultural land.

• Requires the Office of the State Treasurer to budget all funds across six categories: Administration, Data Processing, Banking Services, Comptroller/Investment Services, State Land Reimbursements, and Unclaimed Property (all budgeted at $0.00).

• Establishes that appropriations may be budgeted for either FY-10 or FY-11, with encumbrance deadlines of June 30 and expiration deadlines of November 15 for each fiscal year respectively.

• Declares an emergency and makes the act effective July 1, 2009.