Sec. E-1. 5 MRSA §1513, sub-§1, as amended by PL 1991, c. 589, §2, is further amended to read:
1. Maine Rainy Day Fund. The State Controller shall at the close of each fiscal year transfer from the unappropriated surplus of the General Fund to the Maine Rainy Day Fund 1/2 the excess of total General Fund revenues received over accepted estimates in that fiscal year. No accepted Accepted revenue estimate may not be increased after adjournment of each First Regular Session of the Legislature except as provided. For the first year of the biennium, revenue estimates for the 2nd year of the biennium may be adjusted once during the Second Regular Session of the Legislature. Accepted revenue estimates may be increased for other fiscal periods only if an amount not to exceed 1/2 of the increase is appropriated transferred by the State Controller to the Rainy Day Fund at the same time from the unappropriated surplus of the General Fund. The fund may not exceed 4% 5% of the total General Fund revenues received in the immediately preceding fiscal year and may not lapse, but remain in a continuing carrying account to carry out the purposes of this section. No A reduction in the fund is not necessary in the event the total General Fund revenues received in the immediately preceding fiscal year are less than the total General Fund revenues received in the fiscal year 2 years previous and if the fund is at its 4% 5% limit.
Sec. E-2. 5 MRSA §1513, sub-§1-J is enacted to read:
1-J. Transfer from Maine Rainy Day Fund; Retirement - Federal Recovery Program. Notwithstanding subsection 2 and section 1585, an amount not to exceed $3,200,000 in fiscal year 1998-99 may be transferred from the available balance in the Maine Rainy Day Fund to the Retirement - Federal Recovery Program in the Department of Administrative and Financial Services to be made available by financial order, upon the recommendation of the State Budget Officer and approval of the Governor, for the purposes outlined in Public Law 1995, chapter 368, Part AA, section 1.
Sec. E-3. 5 MRSA §1665, sub-§7, as amended by PL 1995, c. 665, Pt. S, §2, is further amended to read:
7. General Fund and Highway Fund revenue and expenditure forecasts. By September 30th of each odd-numbered year and May 31st of each even-numbered year, the State Budget Officer shall prepare and deliver a report to the Governor, the Legislature and the joint standing committee of the Legislature having jurisdiction over appropriations and financial affairs containing a forecast of revenue and expenditures for the following biennium. The forecast must assume the continuation of current laws and include reasonable and predictable estimates of growth in revenues and expenditures based on national and local trends and program operations. General Fund and Highway Fund revenue must be forecasted by income source as provided in current law. Expenditure forecasts for the General Fund and the Highway Fund must be forecasted on the basis of current law and assumed inflation variables related to program operations. The forecast for the General Fund and the Highway Fund must be presented in a budget fund flow statement and a comparative statement showing each income source for revenue projections and expenditure estimates for each major program category.
Sec. E-4. 5 MRSA §12004-B, sub-§6, as enacted by PL 1987, c. 786, §5, is amended to read:
6. State Board of Property Tax Review |
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36 MRSA §271 |
Sec. E-5. PL 1997, c. 24, Pt. F is repealed.
Sec. E-6. PL 1997, c. 395, Pt. C, §2 is amended to read:
Sec. C-2. Bureau of Information Services; restructure rates. Notwithstanding the Maine Revised Statutes, Title 5, section 1585, the State Budget Officer shall calculate the amount of savings or costs that apply against each affected account in the All Other line category appropriations and allocations for fiscal years 1997-98 and 1998-99 of the affected General Fund and Highway Fund accounts based on the restructured rates charged by the Bureau of Information Services and shall transfer the calculated amounts between the affected accounts in each fund by financial order. These transfers are to be considered adjustments to appropriations and allocations. The State Budget Officer shall annually provide the joint standing committee of the Legislature having jurisdiction over appropriations and financial affairs with a report of the transferred amounts no later than September 30, 1997 and September 30, 1998.
Sec. E-7. Retiree health; lapsed balances. Notwithstanding any other provision of law, $616,462 of unencumbered balance forward from fiscal year 1996-97 in the Statewide - Retiree Health, General Fund account in the Department of Administrative and Financial Services lapse to the General Fund in fiscal year 1997-98.
Sec. E-8. Salary plan; lapsed balances. Notwithstanding any other provision of law, $1,697,566 of unencumbered balance forward from fiscal year 1996-97 in the Compensation and Benefit Plan, General Fund account in the Department of Administrative and Financial Services lapse to the General Fund in fiscal year 1997-98.
Sec. E-9. Transfer of funds. The Governor, upon recommendation of the State Budget Officer, is authorized to transfer funds from the appropriate salary plan in order to provide funding to meet the costs of authorized market salary adjustments for "information services" positions in accordance with the Maine Revised Statutes, Title 5, section 7065.
Sec. E-10. Careerbanding pilot project in the Department of Administrative and Financial Services, Bureau of Information Services. Notwithstanding any other provision of law, the Department of Administrative and Financial Services, Bureau of Information Services may implement a careerbanding pilot project developed jointly by the department and the employees' collective bargaining agent in fiscal year 1998-99. The Commissioner of Administrative and Financial Services shall report on the effectiveness of the careerbanding pilot project to the joint standing committee of the Legislature having jurisdiction over appropriations and financial affairs no later than January 31, 1999.
Sec. E-11. Department of Administrative and Financial Services; lease-purchase authorization. Pursuant to the Maine Revised Statutes, Title 5, section 1587, the Department of Administrative and Financial Services in cooperation with the Treasurer of State may enter into additional financing arrangements in fiscal year 1997-98 for the acquisition of motor vehicles for the Central Motor Pool. The financing agreements may not exceed 4 years in duration and $700,000 in principal costs. The interest rate may not exceed 6% and total interest costs may not exceed $84,000. The annual principal and interest costs must be paid from the appropriate line category allocations in the Central Motor Pool Internal Service Fund account.
Sec. E-12. Revenue reprojection. Notwithstanding the Maine Revised Statutes, Title 5, section 1513, subsection 1, Title 5, section 1517 and Title 30-A, section 5683, subsection 3, the December 1997 and March 1998 increase of revenue estimates for fiscal years 1997-98 and 1998-99 calculated during the Second Regular Session of the 118th Legislature does not increase the transfer to the Maine Rainy Day Fund, the transfer to the Retirement Allowance Fund or the appropriation to the Property Tax Relief Fund.
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