90-4-614. Appropriation of energy cost savings. (1) In preparing the executive budget each biennium, the governor shall include for each state agency participating in the state energy conservation program:
     (a) an estimate of the energy cost savings expected for that agency in each year of the biennium; and
     (b) a projection of the debt service on energy conservation program bonds that should be apportioned to that agency in each year of the biennium.
     (2) Each session, the legislature shall review the governor's submission pursuant to 90-4-606 and subsection (1) of this section and appropriate in the general appropriations act the following:
     (a) authority for each participating state agency to transfer funds in an amount equal to the agency's projected debt service to the energy conservation program account established in 90-4-612; and
     (b) authority for each participating state agency to transfer funds to the long-range building program fund in an amount equal to the difference between the estimated energy cost savings to the agency and the projected debt service apportioned to that agency.
     (3) The current level utility appropriations of state agencies participating in the energy conservation program must be reduced by the sum of the amounts appropriated in subsections (2)(a) and (2)(b).
     (4) Each participating state agency shall transfer upon request of the department the amounts appropriated in accordance with subsection (2).

     History: En. Sec. 6, Ch. 350, L. 1993.