Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

SECTION 1. Notwithstanding any general or special law to the contrary, the amount of $1,000,000,000 is hereby appropriated for the fiscal year ending June 30, 2002, to meet necessary expenditures before the enactment into law of the general appropriation act for that fiscal year, for the maintenance and operations of the several departments, boards, commissions, and institutions, including federal grant and Intragovernmental Service Fund expenditures, for other necessary services, and for meeting certain requirements of law. The authorization contained in this section shall cease to be operative as of the effective date of that general appropriation act, and all actions taken under this section shall apply against that general appropriation act. All expenditures made under this authorization shall be consistent with appropriations made in that general appropriation act.

SECTION 2. Notwithstanding any general or special law to the contrary, the unexpended balances of all capital accounts that otherwise would revert on June 30, 2001, but that are necessary to fund obligations during fiscal year 2002, are hereby re-authorized. The re-authorizations contained in this section shall terminate upon enactment of capital account extension legislation.

SECTION 3. The state treasurer shall make advance payments for some or all of periodic local reimbursement or assistance programs to any city, town, regional school district, or independent agricultural and technical school that demonstrates an emergency cash shortfall, as certified by the commissioner of revenue and approved by the secretary of administration and finance, pursuant to guidelines issued by the secretary.

SECTION 4. Sections 1 and 3 shall take effect on July 1, 2001. Section 2 shall take effect on June 30, 2001.