Sec. GGG-1. Maine Learning Technology Reserve; established. The Maine Learning Technology Reserve is established for the fiscal year ending June 30, 2000 in the General Fund for the purpose of accumulating funds to provide for education technology. Funds in the Maine Learning Technology Reserve may be made available in fiscal year 2000-01 to the General Fund Maine Learning Technology Endowment program in the Department of Education through allotment by financial order, upon the recommendation of the State Budget Officer and approval of the Governor, to be used for education technology pursuant to the Maine Revised Statutes, Title 20-A, chapter 801.
Sec. GGG-2. Excess General Fund revenue; transfer of funds. Notwithstanding any other provision of law, as the first priority before any other transfer, at the close of fiscal year 1999-00 following the end of that fiscal year, the State Controller shall transfer any excess General Fund revenue in an amount not to exceed $15,000,000 over accepted revenue estimates for fiscal year 1999-00 to the Maine Learning Technology Reserve.
Sec. GGG-3. Transfer to the Maine Learning Technology Reserve. Notwithstanding any other provision of law, as the next priority after any transfer pursuant to section 2 of this Part, at the close of fiscal year 1999-00 following the end of that fiscal year, the State Controller shall transfer to the Maine Learning Technology Reserve the available balance remaining from the unappropriated surplus of the General Fund.
Sec. GGG-4. Limitation of General Fund transfers. The aggregate amount of transfer of General Fund available balances in sections 2 and 3 of this Part may not exceed $20,000,000.
Sec. GGG-5. Transfer from the General Fund Salary Plan. The General Fund Salary Plan program in the Department of Administrative and Financial Services may be made available in fiscal year 2000-01 as needed through allotment by financial order, upon the recommendation of the State Budget Officer and approval of the Governor, to be used for the retroactive payment of approved reclassifications and range changes in this Act.
Sec. GGG-6. State Controller; post closing. The State Controller is authorized to keep open the official system of general accounts of State Government for fiscal year 1999-00 in order to make post closing entries and adjustments to carry out the provisions of sections 1, 2 and 3 of this Part.
Sec. GGG-7. Retroactivity. Sections 1, 2 and 3 of this Part apply retroactively to June 30, 2000.
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