2011 Maine Revised Statutes
TITLE 23: HIGHWAYS
Chapter 19: FISCAL MATTERS
23 §1655. Building Renovations Account
Part 1: STATE HIGHWAY LAW
Subchapter 4: GENERAL HIGHWAY FUND
§1655. Building Renovations Account
1. Account established. The Building Renovations Account, referred to in this section as the "account," is established in the Highway Fund within the department. The purpose of the account is to maintain temporary control and accountability over the receipt of funds through allocations, transfers or from other various sources that are earmarked for the building renovation project at the Department of Transportation main facility in the Capitol Complex.
[ 2001, c. 83, Pt. D, §1 (NEW) .]
2. Nonlapsing account. Any unexpended money remaining in the account at the end of a fiscal year may not lapse but must be carried forward.
[ 2001, c. 83, Pt. D, §1 (NEW) .]
3. Transfer authority. The commissioner or the Commissioner of Administrative and Financial Services may transfer funds from the account within the Department of Transportation to the Capital Construction and Improvement Reserve Fund, established in Title 5, section 1742-F, subsection 1 within the Department of Administrative and Financial Services, Bureau of General Services. Funds may be transferred and allotted by financial order upon recommendation of the State Budget Officer and approval of the Governor to be used toward the expenditures of the building renovation project.
[ 2001, c. 83, Pt. D, §1 (NEW) .]
SECTION HISTORY
2001, c. 83, §D1 (NEW).
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