If this bill were to become law, it would amend the existing statute regarding the anti-racketeering revolving fund. The current law establishes the fund and outlines that the attorney general administers it under specific conditions. The proposed changes would insert a provision stating that the fund's monies cannot be transferred to the state general fund, thereby ensuring that these funds remain dedicated to their intended purposes without the risk of being redirected to the general budget.
Additionally, the bill clarifies that the fund's monies are exempt from lapsing provisions, reinforcing the idea that these resources are to be preserved for their designated uses. Overall, the updates aim to protect the integrity of the anti-racketeering revolving fund and ensure that its resources are utilized solely for combating organized crime, fraud, and terrorism, as intended by the original legislation.
Statutes affected: Introduced Version: 13-2314.01