Governor Deval Patrick's Budget Recommendation - House 2 Fiscal Year 2009

Governor's Budget Recommendation FY 2009

Outside Section 26



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Stabilization Fund Transfer

SECTION 26.   Notwithstanding any general or special law to the contrary, the comptroller shall, on or before June 30, 2008, transfer $369,000,000 to the General Fund from the Commonwealth Stabilization Fund, but the comptroller shall instead transfer a lesser amount if the secretary of administration and finance so requests in writing.
 
 

Summary:
This section transfers $369,000,000 to the General Fund from the Commonwealth Stabilization Fund, but allows the Secretary of Administration and Finance to reduce the amount transferred.



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