Repeal Annual General Fund Transfer to Revolving Fund

Joint Budget Committee. Current law directs the department of personnel to use the money in the state agency sustainability revolving fund (fund) to operate the office of sustainability and to assist in replacing the state's gas- and diesel-powered equipment that is located in ozone nonattainment areas with equivalent electric equipment. The state treasurer is required to transfer $400,000 from the general fund to the fund on July 1 of each year. The bill repeals the requirement for the annual transfer from the general fund to the fund.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)