Governor Charles D. Baker's Budget Recommendation - House 1 Fiscal Year 2016

Outside Section 14



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Commonwealth Care Trust Fund Spending

SECTION 14.   Section 2OOO of chapter 29 of the General Laws, as amended by section 41 of chapter 38 of the acts of 2013, is hereby amended by inserting after the seventh sentence the following sentence:- To accommodate timing discrepancies between the receipt of revenue and related expenditures, the comptroller may certify for payment amounts not to exceed the most recent estimate, as certified by the Secretary of Administration and Finance, of revenues to be deposited under this section to the Commonwealth Care Trust Fund during fiscal year 2016.
 
 

Summary:
This section codifies the ability of the Commonwealth Care Trust Fund to spend in anticipation of revenues



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