SPONSOR:

Rep. M. Smith & Sen. McDowell

Carson
Heffernan
J. Johnson
Kenton
Ramone

Bushweller
Cloutier
Ennis
Lawson
Poore

HOUSE OF REPRESENTATIVES

149th GENERAL ASSEMBLY

HOUSE BILL NO. 105

AN ACT TO CLARIFY TITLE 29, §6529 OF THE DELAWARE CODE RELATING TO THE AUTHORITY OF THE DIRECTOR OF THE OFFICE OF MANAGEMENT AND BUDGET.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:

Section 1. For Fiscal Year 2017, 29 Del. C. §6529 is interpreted to include the ability to deposit Special Funds into the General Fund as a measure to control expenditures but not with regard to funds raised by local school districts. The Director of the Office of Management and Budget shall notify the Co-Chairs of the Joint Finance Committee and the Controller General as to the deposit of these Special Funds into the General Fund.

SYNOPSIS

This Act clarifies that the Director of the Office of Management and Budget has the authority to deposit Special Fund balances into the General Fund as a measure to control agency expenditures.