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Chief Patron: Watkins
Item 472.1 #1s

Central Appropriations
FY 12-13
FY 13-14
Central Appropriations
$38,427,603
$38,427,603
GF

Language:
Page 363, following line 15, insert:
"472.1. Financial Assistance for Local Finance Directors, Commissiones of the Revenue, and Treasurers
$38,427,603
$38,427,603
Fund Sources: General
$38,427,603
$38,427,603
."
Included within this appropriation is $38,427,603 each year from the general fund for state assistance for local Finance Directors, Commissioners of the Revenue, and Treasurers. The Secretaries of Administration and Finance, with the assistance of the Department of Criminal Justice Services, the Department of Taxation, and the Auditor of Public Accounts, shall allocate these funds to these local constitutional officers in FY 2013 based on twelve equal installments based on FY 2012 allocations. Funding shall be converted in FY 2014 into a block grant to localities. The Secretaries of Administration and Finance shall provide a report on the implementation of the block grant by December 1, 2012 to the Governor and the Chairmen of the Senate Finance and House Appropriations Committees."

Explanation:
(This is one of a series of amendments that reorganizes the Compensation Board. This amendment provides $38,427,603 GF each year for state aid for local Finance Directors, Commissioners of the Revenue, and Treasurers, with the intent that the funding be converted into a block grant to localities beginning in FY 2014.)


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