Prisons and reformatories; modifying elements of exemption to certain account. Effective date.
What changed between versions
Reorganized bill structure from House floor version to Senate floor version with updated page headers and formatting
Established a $100 minimum balance threshold in inmate trust fund draw accounts before interest-bearing account eligibility applies
Added 90-day waiting period between inmate transfers from interest-bearing accounts to draw accounts
Required Department of Corrections staff approval for all inmate interest-bearing account transfers to external recipients
Exempted inmates with life sentences or life without parole from mandatory savings account requirements
Clarified that interest from inmate savings accounts goes to Crime Victims Compensation Revolving Fund, while interest from canteen and restitution funds goes to General Revenue Fund