CHAPTER 40
H.P. 799 - L.D. 1043
Be it enacted by the People of the State of Maine as follows:
Sec. 1. Appropriation. The following funds are appropriated from the General Fund to carry out the purposes of this Act.
2001-02
EDUCATION, DEPARTMENT OF
Maine Scholarship Endowment
All Other $1,500,000
Provides funds as a grant to the Senator George J. Mitchell Scholarship Research Institute to benefit Maine residents attending institutions of higher education.
Sec. 2. Transfer of funds. Notwithstanding the Maine Revised Statutes, Title 33, section 1964, the administrator of the Abandoned Property Fund shall retain $1,500,000 within the fund at the end of fiscal year 2000-01. On October 1, 2001, the administrator shall transfer $1,500,000 to the General Fund.
Sec. 3. State Controller; post-closing. The State Controller is authorized to keep open the official system of general accounts of State Government for fiscal year 2000-01 in order to make post-closing entries and adjustments to carry out the provisions of this Act.
Sec. 4. Retroactivity. That section of this Act that requires the administrator of the Abandoned Property Fund to transfer funds from the Abandoned Property Fund to the General Fund applies retroactively to June 1, 2001.
Effective September 21, 2001, unless otherwise indicated.
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