| 4.__Transfers to fund.__Notwithstanding section 1585 or any |
| other provision of law, the State Budget Officer may transfer to |
| the fund an amount not to exceed 0.8% of General Fund |
| appropriations received by and general obligation bonds issued to |
| an agency or entity for research and development efforts.__ |
| Private entities that receive funds from general obligation bonds |
| for research and development efforts shall pay to the Treasurer |
| of State in the fiscal year in which the general obligation bond |
| was issued an amount not to exceed 0.8% of the proceeds from the |
| bond issue in any fiscal year, which payment must be made from |
| available resources other than bond proceeds.__Only those |
| programs that receive $500,000 or more in research and |
| development appropriations in any fiscal year, or those entities |
| that receive funds from a general obligation bond issue of |
| $500,000 or more for research and development efforts in any |
| fiscal year, as identified and certified by the State Budget |
| Officer and the Office of Fiscal and Program |
| Review, may be |