This bill modifies provisions related to unexpended balances.
This bill:
- creates the Unspent Balances Restricted Account (restricted account);
- directs the Division of Finance to annually transfer a specified percentage of all lapsing balances and excess fund balances to the restricted account; and
- provides the purposes for which money in the restricted account may be used.

Statutes affected:
Introduced: 63J-1-601