HB 2304 - H AMD 0412 WITHDRAWN 5/19/99

By Representative

On page 2, beginning on line 7, strike all of section 2 and insert the following:

ANEW SECTION. Sec. 2. For the fiscal biennium ending June 30, 2001, the sum of two million five hundred thousand dollars, or so much thereof as may be necessary, is appropriated from the general fund--state and the sum of five hundred thousand dollars, or so much thereof as may be necessary, is appropriated from the public safety and education account to the superintendent of public instruction for matching grants to enhance security in schools. These appropriations are a supplement to the five million nine hundred twenty three thousand dollar appropriation for school security contained in section 501(2)(e), chapter 309, laws of 1999, and shall be expended in the same manner and for the same purposes.

NEW SECTION. Sec. 3. A new section is added to part VII, chapter 309, laws of 1999, to read as follows:

(1) The employer funding rates for insurance benefit premiums in section 719(1)(a), chapter 309, laws of 1999, shall be reduced by $6.23 for fiscal year 2000 and by $5.50 for fiscal year 2001 to reflect the receipt of a payment that was made to the state by the standard insurance company relating to the state=s basic long-term disability plan and that exceeded the amount anticipated in chapter 309, laws of 1999.

(2) The office of financial management shall reduce allotments of appropriations in sections 603, 604, 605, 606, 607, 608, 609, and 719 of chapter 309, laws of 1999, to reflect the adjusted employer funding rates in (1). The amounts by which the allotments are adjusted shall be placed in reserve.

(3) The office of financial management shall reduce allotments of the public safety and education account appropriation in section 222, chapter 309, laws of 1999, by five hundred thousand dollars and shall place this amount in reserve.

(4) The sum of five hundred thousand dollars, or so much thereof as may be necessary, is appropriated from the general fund--federal to the department of corrections for the fiscal biennium ending June 30, 2001.@

Renumber remaining sections consecutively and correct title and internal references accordingly.

EFFECT: The appropriation to supplement school security grants consists of $2.5 million general fund--state (GFS) and $500,000 Public Safety and Education Account (PSEA), rather than $3.0 million GFS. Employer contribution rates established in the operating budget are adjusted and the Office of Financial Management (OFM) is directed to adjust allotments of appropriations in the operating budget to reflect an additional payment received by the state relating to its disability plan. This adjustment results in reduced GFS expenditures of $6.5 million. Directs the OFM to reduce the Department of Corrections= (DOC) allotments from the PSEA by $500,000 and appropriates $500,000 in newly available federal moneys to the DOC.

FISCAL IMPACT: Eliminates the net fiscal impact of the bill by directing the reduction of GFS expenditures by $6.5 million and PSEA expenditures by $500,000.