HB 2409 Summary

• Appropriates funds from the General Revenue Fund to the Office of State Finance for fiscal year ending June 30, 2011, with the specific dollar amount left blank in the template.

• Allows appropriated funds to be budgeted for either FY-11 or FY-12, with encumbrance deadlines of June 30 for each respective year and expenditure deadlines of November 15.

• Permits unspent FY-11 funds to be rebud geted for FY-12 after submission and approval of a budget work program revision by the Office of State Finance.

• Effective date set for July 1, 2010, with an emergency clause declaring immediate necessity for preservation of public peace, health and safety.