Plain English Breakdown
The bill text excerpt contains formatting errors where old and new language appear mixed; the summary relies on the stated purpose of mirroring SB 144.
Amendment to House Bill No. 193 on Trust Fund Cap Language
This amendment changes how the law describes adjusting or removing a spending limit for a specific trust fund to match language in Senate Bill 144.
What This Bill Does
- Updates the text about the cap on the Trust Fund to allow the DMHRA Board to establish and adjust it based on necessary costs.
- Allows the Board to eliminate or reinstate the cap at any time, subject to specific voting requirements.
Who It Names or Affects
- The DMHRA Board
Terms To Know
- Trust Fund
- A pool of money set aside for the purposes described in subsection (b) of this section.
- Cap
- The maximum amount allowed, which can be established or adjusted by the Board.
Limits and Unknowns
- The official text does not state an effective date.
- The specific voting requirements are found in another section of law (§ 7041(c)(3)).
- The exact costs needed for the fund's purposes are determined by the Board, not listed here.