Public Laws

124th Legislature

First Regular Session


Parts: A B C

Chapter 371

H.P. 1048 - L.D. 1489

PART B

Sec. B-1. PL 2009, c. 213, Pt. MMM, 1 is amended read:

Sec. MMM-1. Transfer; Maine Budget Stabilization Fund. Notwithstanding any other provision of law, the State Controller shall transfer $51,455,943 $75,455,943 from the Maine Budget Stabilization Fund in the Department of Administrative and Financial Services to General Fund unappropriated surplus by the close of fiscal year 2008-09 and shall transfer $24,000,000 by the close of fiscal year 2009-10 to offset a General Fund revenue shortfall.

Sec. B-2. PL 2009, c. 213, Pt. MMM, 2 is enacted to read:

Sec. MMM-2. Transfer; Maine Budget Stabilization Fund. Notwithstanding the Maine Revised Statutes, Title 5, section 1536 or any other provision of law, $3,643,615 of the balance in General Fund unappropriated surplus on June 30, 2010 must be transferred to the Maine Budget Stabilization Fund no later than June 20, 2011 after all budgeted financial commitments and adjustments considered necessary by the State Controller have been made.

Office of the Revisor of Statutes
State House, Room 108
Augusta, ME 04333