09/27/1994 08:40 AM Senate FIN

                                                                               
  HB 550         Making and  amending appropriations  relating                 
                 to the  mental health trust fund,  the mental                 
                 health trust income  account, and the  mental                 
                 health trust settlement income account; e.d.                  
                                                                               
                 Bill  reported  out of  Committee with  a "do                 
  pass" recommendation.                                                        
                                                                               
                                                                               
  HOUSE BILL NO. 550                                                           
                                                                               
                                                                               
       "An Act  making and amending appropriations relating to                 
       the mental health  trust fund, the mental  health trust                 
       income account, and the  mental health trust settlement                 
       income account; and providing for an effective date."                   
                                                                               
  Representative  Navarre  MOVED  to  report  HB  550  out  of                 
  committee with individual recommendations.                                   
                                                                               
  Mr. Koester discussed the potential shortfall it money to be                 
  realized  from  the  sale  of   the  Department  of  Natural                 
  Resources' land sale contract portfolio.   He said there are                 
  additional  amounts available  in the  revenues from  mental                 
  health trust  land which have been deposited  in the general                 
  fund  and  additional revenues  in  the "old"  mental health                 
  trust income account.  Mr.  Koester acknowledged that should                 
  the bill become  effective, it is  not possible to know  for                 
  certain the  amounts available  from these  funding sources.                 
  Mr. Koester said HB 550 is designed to  ensure that the full                 
  $200 million is available on the effective date.                             
                                                                               
  No objections having been raised, HB 550 was reported out of                 
  Committee with a "do pass" recommendation.                                   
                                                                               
  RECESS                                                                       
                                                                               
  Co-Chair Larson  recessed  the  meeting  at 9:45  a.m.    He                 
  reconvened the meeting at 12:02 p.m.                                         
                                                                               
  (All members were present at this time except Representative                 
  Hoffman.)