Sec. B-1. Transfer to the Department of Transportation. Notwithstanding the Maine Revised Statutes, Title 5, section 1585 or any other provision of law, the State Controller shall transfer an amount up to 100% from the balance remaining in the Highway Fund in excess of $25,500,000, but not exceeding $2,000,000 at the end of fiscal year 1998-99 after the deduction of all allocations, financial commitments, other designated funds or any other transfer authorized by statute to the Highway Fund account within the Department of Transportation's Highway and Bridge Improvement Program. The Commissioner of Transportation is authorized to allot these funds, by financial order, upon approval of the Governor and the State Budget Officer, within the Highway and Bridge Improvement Program's Highway Fund account. Within 30 days of acceptance of the financial order, the Commissioner of Transportation shall provide to the members of the Joint Standing Committee on Transportation a report detailing the financial status of the Highway and Bridge Improvement Program.
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