This bill amends existing laws regarding state park and robotics education funds by removing references to repealed funds, establishing new accounts, and modifying the management of existing funds. Specifically, it creates the Cannon Mountain Ski Account Fund, which will be a nonlapsing account for revenues generated from state-owned ski areas. Additionally, the bill modifies the Robotics Education Fund by capping its unobligated balance at $1,000,000 and stipulating that any excess funds will lapse into the general fund at the end of each biennium.

Furthermore, the bill splits the existing state park fund into two distinct accounts: one for general state park revenues and another specifically for state-owned ski area revenues. The language in the bill reflects these changes, with deletions of previous references to combined accounts and insertions that clarify the new structure and management of these funds. The bill is set to take effect 60 days after its passage.

Statutes affected:
Introduced: 6:12, 188-E:24, 216-A:3-i
As Amended by the Senate: 6:12, 188-E:24, 216-A:3-i
Version adopted by both bodies: 6:12, 188-E:24, 216-A:3-i
CHAPTERED FINAL VERSION: 6:12, 188-E:24, 216-A:3-i
HB650 text: 6:12, 188-E:24, 216-A:3-i