5975-S AMH BARK MATM 604

SSB 5975 - H AMD TO H AMD (H-2876.1/22) 1253

By Representative Barkis

NOT ADOPTED 03/01/2022

On page 8, after line 24 of the striking amendment, insert the following:

"NEW SECTION. Sec. 402. FOR THE STATE TREASURER--ADMINSTRATIVE TRANSFERS

Coronavirus State Fiscal Recovery Fund--State Appropriation:

For transfer to the Motor Vehicle Account--State $1,277,000,000

The amount transferred in this section represents the unprogrammed amounts in the account and is intended solely for the purpose of highway preservation and maintenance."

EFFECT: Transfers $1.277 billion from the Coronavirus State Fiscal Recovery Fund to the Motor Vehicle Account for the purposes of highway preservation and maintenance.

FISCAL IMPACT: Increases Motor Vehicle Account--State by $1,277,000,000. Reduces Coronavirus State Fiscal Recovery Fund--State by $1,277,000,000.

--- END ---