This is not the official budget document.

Budget Summary FY2014

Outside Section 161
Data Current as of:  9/11/2013




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Extend Authorization to Transfer Trust Balances

SECTION 161.   Notwithstanding any general or special law to the contrary, upon receiving a written request from the secretary of administration and finance, the comptroller shall transfer to the General Fund all or part of the unexpended balance of a fund, trust fund or other separate account, in existence on April 1, 2013, whether established administratively or by law, including a separate account established under section 6 of chapter 6A of the General Laws or section 4F of chapter 7 of the General Laws. The request shall certify that the secretary, in consultation with the comptroller, has determined that this balance, or the specified part of it, is not necessary for the purposes for which it was made available. The secretary and comptroller shall report to the house and senate committees on ways and means 45 days before any such transfer; provided, however, that the comptroller may submit an alternative plan to further maximize revenue generation from additional trust fund balance transfers to the General Fund to the house and senate committees on ways and means not later than October 1, 2013.