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Session Laws, 1999
Volume 796, Page 3173   View pdf image
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(H) (1) NOTWITHSTANDING ANY OTHER PROVISION IN THIS SUBSECTION,
MONEYS MAY NOT BE EXPENDED FROM THE FUND UNTIL THE BALANCE IN THE
FUND HA
S REACHED $10,000,000.

(2) EXCEPT AS PROVIDED IN PARAGRAPH (3) OF THIS SUBSECTION, THE
BOARD GOVERNOR MAY AUTHORIZE IN A FISCAL YEAR THE EXPENDITURE OF UP TO
25% OF THE INVESTMENT EARNING
S OF THE FUND FROM THE PRECEDING FISCAL
YEAR.

(3) UPON CERTIFICATION FROM THE DEPARTMENT OF LABOR,
LICENSING, AND REGULATION THAT THE STATEWIDE UNEMPLOYMENT RATE HAS
INCREASED EXCEEDED 5% FOR S CONSECUTIVE MONTHS, THE BOARD GOVERNOR

MAY AUTHORIZE IN A FISCAL YEAR THE EXPENDITURE OF UP TO:

(I) 100% OF THE INVESTMENT EARNINGS OF THE FUND FROM THE
PRECEDING FISCAL YEAR; AND

(II) 10% 50% OF THE REMAINING BALANCE OF THE FUND.

(4) (I) MONEYS FROM THE FUND SHALL BE USED ON A STATEWIDE
BASIS TO MEET THE EMERGENCY NEED
S OF ECONOMICALLY DISADVANTAGED
CITIZENS OF THE STATE.

(II) MONEYS FROM THE FUND MAY NOT BE CONSIDERED THE SOLE
SOURCE OF FUNDS TO MEET THE EMERGENCY NEEDS OF ECONOMICALLY
DISADVANTAGED CITIZENS OF THE STATE.

(II) EXPENDITURES FROM THE FUND SHALL BE USED ONLY

FOR PROGRAMS AND SERVICES THAT:

1. SERVE THE NEEDS OF CHILDREN;

2. PROVIDE HEALTH SERVICES TO INDIVIDUALS IN NEED
UNINSURED ECONOMICALLY DI
SADVANTAGED CITIZENS OF THE STATE: AND OR

3. PROVIDE FOOD OR SHELTER ASSISTANCE TO

INDIVIDUALS IN NEED ECONOMICALLY DISADVANTAGED CITIZENS OF THE STATE.

(5) EXPENDITURES FROM THE FUND MAY NOT BE USED TO SUPPLANT
EXISTING PUBLIC
AND PRIVATE EXPENDITURES, EXCEPT IN CASES OF ECONOMIC
DOWNTURN WHEN REDUCTIONS IN PUBLIC
AND PRIVATE EXPENDITURES WARRANT
SUPPLANTATION SUPPLANTING.

(6) EXPENDITURES FROM THE FUND AUTHORIZED BY THE BOARD
SHALL BE MADE TO STATE AGENCIES BY BUDGET AMENDMENT MAY BE
:

(I) INCLUDED IN THE STATE BUDGET SUBJECT TO
APPROPRIATION BY THE GENERAL ASSEMBLY; OR

(II) MADE BY BUDGET AMENDMENT TO THE EXPENDITURE
ACCOUNT OF THE APPROPRIATE UNIT OF STATE GOVERNMENT ONLY AFTER THE

 

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Session Laws, 1999
Volume 796, Page 3173   View pdf image
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