Budget Amendment ID: FY2020-S3-1103

EPS 1103

Supporting victims of crime

Messrs. Boncore, Hinds and O'Connor moved that the proposed new text be amended by inserting at the end thereof the following new section:-

Section XX.  Section 35LLL of chapter 10, inserted by section 4 of chapter 273 of the acts of 2018, is hereby amended by inserting after the second sentence the following 2 sentences:- The state treasurer shall be custodian of the fund and shall receive, deposit and invest all monies transmitted to the state treasurer under this section in accordance with sections 34 and 38 of chapter 29 in such manner as to secure the highest rate of return available consistent with the safety of the fund, and shall credit interest and earnings on the trust fund corpus to the trust fund. The state treasurer shall transfer funds from the income and receipts of the fund to the victim and witness assistance board, established in section 4 of chapter 258B, from time to time, at the request of the board.