Alphabet Soup on PECFA Motion
The committee unanimously adopts alternatives A2, B1, C1, D1 with options a-through-e on budget paper 222.
Ultimately the vote deletes transfer of $4 million from the Petroleum Inspection Fund to the general fund, but approves the governor's recommendation to reestimate of the PECFA program awards appropriation to $20 million annually.
In addition, $49 million in curently authroized, but unissued, PEFCA revenue obligation bonding authority is deleted under the motion.
Labels: Department_of_Commerce, PECFA
