AN ACT RELATIVE TO THE FINANCES OF THE COMMONWEALTH.
Whereas , The deferred operation of this act
would tend to defeat its purpose, which is to make forthwith certain changes in
state finances, therefore it is hereby declared to be an emergency law, necessary
for the immediate preservation of the public convenience.
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, for the purposes of section
5C of chapter 29 of the General Laws for fiscal year 2003 the definition of
"consolidated net surplus in the operating funds", as defined in section 1 of
said chapter 29, shall be the definition used in fiscal year 2002.
2. Section 179 of chapter 184 of the acts of 2002 is hereby amended by striking
out the word "July" and inserting in place thereof the following word:- August.
SECTION 3. This act shall take effect as of June 30, 2003.