Repay Cash Funds For 2020 Transfers

In 2020, the general assembly enacted legislation to require the state treasurer to transfer money from the small communities water and wastewater grant fund and off-highway vehicle recreation fund to the general fund to offset the general fund revenue reduction related to the COVID-19 public health emergency.The act requires the state treasurer to repay those cash funds by transferring the following amounts from the general fund:$5 million to the small communities water and wastewater grant fund; and $5 million to the off-highway vehicle recreation fund.(Note: This summary applies to this bill as enacted.)