Summary of the Introduced Bill

HB 1528 -- Administrative Trust Fund

Sponsor:  Bruns

Currently, moneys in the Administrative Trust Fund which are
administered by the Commissioner of the Office of Administration
do not lapse to the General Revenue Fund unless the unencumbered
balance at the end of the fiscal year exceeds one-twelfth of the
total amount appropriated, paid, or transferred to the fund
during the fiscal year.  This bill increases the unencumbered
balance requirement to one-fourth of the total amount
appropriated, paid, or transferred.

The bill contains an emergency clause.

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Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:10 pm