04/27/2004 09:02 AM Senate FIN

                                                                                                                                
     SENATE BILL NO. 313                                                                                                        
     "An Act making supplemental and other appropriations; amending                                                             
     appropriations; making an appropriation to capitalize a fund;                                                              
     and providing for an effective date."                                                                                      
                                                                                                                                
                                                                                                                                
This  was the first  hearing  for this  bill in  the Senate  Finance                                                            
Committee.                                                                                                                      
                                                                                                                                
Co-Chair  Green noted  that Members  have been  provided a  detailed                                                            
Office of Management  and Budget spreadsheet  [copy on file],  dated                                                            
April 23, 2004 regarding the FY 2004 supplemental appropriation.                                                                
                                                                                                                                
Senator  Dyson moved  to  adopt the  Version  23-GS2153\I  committee                                                            
substitute as the working document.                                                                                             
                                                                                                                                
There being no  objection, the Version "I" committee  substitute was                                                            
ADOPTED as the working document.                                                                                                
                                                                                                                                
Co-Chair Green expressed  that this legislation must be addressed in                                                            
short  order  as some  Departments  might  be  reaching,  "in  their                                                            
minds," a "crisis" budgetary  situation. She noted that some federal                                                            
authority  and  corporate   funds  are  available   to  support  the                                                            
supplemental.  She asked Members to review the committee  substitute                                                            
and contact  her office  regarding  concerns or  amendments, as  the                                                            
intent is to move the bill from Committee expeditiously.                                                                        
                                                                                                                                
The Bill was HELD in Committee.