Assembly Bill No. 465-Committee on Ways and Means

CHAPTER

580

AN ACT relating to state financial administration; extending the prospective date for the reversion of certain previously appropriated money for the California-Nevada Super Speed Ground Transportation Commission; making an appropriation; and providing other matters properly relating thereto.

[Approved July 16, 1997]

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

Section 1. 1. There is hereby appropriated from the state general fund to the City of Las Vegas the sum of $100,000 for funding of the activities of the California-Nevada Super Speed Ground Transportation Commission.
2. Any remaining balance of the appropriation made by subsection 1 must not be committed for expenditure after June 30, 1999, and reverts to the state general fund as soon as all payments of money committed have been made.
Sec. 2. Section 2 of chapter 678, Statutes of Nevada 1995, at page 2590, is hereby amended to read as follows:
Sec. 2. Any remaining balance of the appropriation made by section 1 of this act must not be committed for expenditure after June 30, [1997,] 1999, and reverts to the state general fund as soon as all payments of money committed have been made.
Sec. 3. This act becomes effective upon passage and approval or on June 29, 1997, whichever occurs earlier.
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