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Transfer Certain Proceeds to General Fund

SECTION 42.   (a) Notwithstanding any general or special law to the contrary, the department of environmental protection shall transfer $3,000,000 of funds previously appropriated or loans repaid as a result of item 1231-1020 of section 2 of chapter 151 of the acts of 1996 to the General Fund on account of fiscal year 2012.

(b) Notwithstanding any general or special law to the contrary, the Massachusetts Housing Finance Agency shall, on or before June 30, 2012, transfer not more than $5.4 million of loan repayment proceeds received under section 27 of chapter 23B of the General Laws to the comptroller to be credited to the General Fund on account of fiscal year 2012.
 
 

Summary:
This section transfers to the General Fund certain proceeds, including loan repayments, from the Department of Environmental Protection and the Massachusetts Housing Finance Agency.