(On Behalf of the Budget Division of the
Department of Administration)
March 5, 1997
____________
Referred to Committee on Finance
SUMMARY--Makes appropriation to restore balance in reserve for statutory contingency account. (BDR S-1397)
FISCAL NOTE: Effect on Local Government: No.
Effect on the State or on Industrial Insurance: Contains Appropriation included in Executive Budget.
EXPLANATION - Matter in italics is new; matter in brackets [ ] is material to be omitted.
AN ACT making an appropriation to restore the balance in the reserve for statutory contingency account; and providing other matters properly relating thereto.
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
Section 1 There is hereby appropriated from the state general fund to the reserve for statutory contingency account, created by NRS 353.264, the sum of $565,369 to restore the balance in the account to approximately $1,700,000.
Sec. 2 This act becomes effective upon passage and approval or on June 30, 1997, whichever occurs earlier.