‘Sec. 1. Transfers from available fiscal year 2019-20 Department of Professional and Financial Regulation Other Special Revenue Funds balances to General Fund. At the close of fiscal year 2019-20, the State Controller shall transfer $400,000 from available balances in Other Special Revenue Funds accounts within the Department of Professional and Financial Regulation to the General Fund unappropriated surplus. On or before June 30, 2020, the Commissioner of Professional and Financial Regulation shall determine from which accounts the funds will be transferred so that the sum equals $400,000 and notify the State Controller and the Joint Standing Committee on Appropriations and Financial Affairs of the amounts to be transferred from each account.
Sec. 2. Transfers from available fiscal year 2020-21 Department of Professional and Financial Regulation Other Special Revenue Funds balances to General Fund. At the close of fiscal year 2020-21, the State Controller shall transfer $400,000 from available balances in Other Special Revenue Funds accounts within the Department of Professional and Financial Regulation to the General Fund unappropriated surplus. On or before June 30, 2021, the Commissioner of Professional and Financial Regulation shall determine from which accounts the funds will be transferred so that the sum equals $400,000 and notify the State Controller and the joint standing committee of the Legislature having jurisdiction over appropriations and financial affairs of the amounts to be transferred from each account.
Sec. 3. Appropriations and allocations. The following appropriations and allocations are made.
FINANCE AUTHORITY OF MAINE
Doctors For Maine's Future Scholarship Fund Z090
Initiative: Provides one-time funds in fiscal years 2019-20 and 2020-21 only to the Doctors for Maine's Future Scholarship Program under the Maine Revised Statutes, Title 20-A, section 12103-A.
GENERAL FUND | 2019-20 | 2020-21 |
All Other
|
$400,000 | $400,000 |
GENERAL FUND TOTAL | $400,000 | $400,000 |