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 the provisions of any general or special law to the contrary, $700,000,000 is hereby appropriated for the fiscal year ending June 30, 2001, to meet necessary expenditures prior to the enactment into law of the general appropriation act for said 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 said general appropriation act, and all actions taken under this section shall apply against said general appropriation act. All expenditures made under this authorization shall be consistent with appropriations made in said general appropriation act.

SECTION 2. Notwithstanding the provisions of any general or special law to the contrary, the unexpended balances of all capital accounts which otherwise would revert on June 30, 2000, but which are necessary to fund obligations subsequent to said date are hereby reauthorized through August 10, 2000. The reauthorizations contained in this section shall terminate upon enactment of capital account extension legislation.

SECTION 3. The state treasurer shall make advance payments for periodic local reimbursements or assistance programs to a 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 said secretary.

SECTION 4. The fourth sentence of section 107 of chapter 88 of the acts of 1997, as amended by section 3 of chapter 90 of the acts of 1999hereby further amended by striking out the figure "2000" and inserting in place thereof the following figure:- 2001.

SECTION 5. Sections 1 and 3 shall take effect on July 1, 2000. Sections 2 and 4 shall take effect on June 30, 2000. This section shall take effect upon its passage.