(a) (1) The Treasurer of State shall first make monthly allocations in the proportions set out in this subdivision (a)(1) to the funds and fund accounts listed below until there has been transferred a total of five billion sixty-nine million two hundred seventy-four thousand five hundred seven dollars ($5,069,274,507) or so much thereof as may become available; provided, that the Treasurer of State shall make such monthly allocations in accordance with each fund or fund account's proportionate part of the total of all such allocations set forth in this subdivision (a)(1): Click here to view image.
(2) Four million three hundred five thousand five hundred forty-seven dollars ($4,305,547), or so much thereof as is available shall be included and added to the amount distributed in subdivision (a)(1) of this section and shall be distributed by the Treasurer of State in monthly amounts with each allocation's proportion of the total of both subdivision (a)(1) of this section and this subdivision (a)(2) to supplement the fund established as a set-aside in the 90th Session Projects Account of the General Improvement Fund in Section 3(a)(11) of the General Improvement Distribution Act of 2015, identical Acts 2015, Nos. 1146 and 1147, for transfers, from time to time, to any fund or fund account authorized by the General Assembly, or for transfers, from time to time, for projects in the Executive Discretionary Division Section 3(d) of the General Improvement Distribution Act of 2015, identical Acts 2015, Nos. 1146 and 1147, upon approval by the Legislative Council or Joint Budget Committee.
(b) (1) After making the maximum annual allocations provided for in subsection (a) of this section, the Treasurer of State shall then make allocations from the remaining general revenues available for distribution, as set forth in this subdivision (b)(1), to the funds and fund accounts listed below until there has been transferred a total of ninety-nine million one hundred ninety thousand six hundred one dollars ($99,190,601) or so much thereof that may become available; provided, that the Treasurer of State shall make such monthly allocations in accordance with each fund or fund account's proportionate part of the total of all such allocations set forth in this subdivision (b)(1): Click here to view image.
(2) After making the maximum annual allocations provided for in subdivision (b)(1) of this section, the Treasurer of State shall then make allocations from the remaining general revenues available for distribution, as set forth in this subdivision (b)(2), to the funds and fund accounts listed below until there has been transferred a total of seven million six hundred twenty-nine thousand three hundred forty-six dollars ($7,629,346) or so much thereof that may become available; provided, that the Treasurer of State shall make such monthly allocations in accordance with each fund or fund account's proportionate part of the total of all such allocations set forth in this subdivision (b)(2): Click here to view image.
(c) After making the maximum annual allocations provided for in subdivision (b)(2) of this section, the Treasurer of State shall then make allocations from the remaining general revenues available for distribution, as set forth in this subsection, to the funds and fund accounts listed below until there has been transferred a total of ten million dollars ($10,000,000) or so much thereof that may become available; provided, that the Treasurer of State shall make such monthly allocations in accordance with each fund or fund account's proportionate part of the total of all such allocations set forth in this subsection: Click here to view image.
Section: 19-5-402 19-5-405 19-5-406 NextLast modified: November 15, 2016