Bill No.: SF0069                  Drafter:  MDO

LSO No.:  08LSO-0334              Effective Date:

Enrolled Act No.:

Chapter No.:

Prime Sponsor:     Select Natural Resource Funding Committee

Catch Title:       Wildlife and natural resource funding amendments.

Subject:  Wildlife and Natural Resource Funding Trust Account Board reporting and authorization requirements.

Summary/Major Elements:

Under current law legislative authorization is required for "large projects" (i.e., those for which funding exceeds $200,000) funded from the wildlife and natural resource funding expenditure account.  Small projects are those under that amount and funding is continuously appropriated for those projects.  This act:

· Clarifies that a project funded by the Wildlife and Natural Resource Trust Account Board shall be considered a "small project" if the total of all grants sought or previously awarded by the Board total $200,000 or less.

· Modifies the Board's legislative authorization to include that the Board may approve additional grants for a previously authorized large project not to exceed a total of an additional $100,000.

· Subsequent legislative authorization is required for any grant to a large project in excess of the limits of this additional amount.

Comments:

• See related bill - Natural Resource Large Project Funding Bill, SF 63.

• Final action on this bill was not taken at the time this summary was prepared.  Should changes be made to the bill upon final passage, an updated summary will be transmitted to all legislators.