(a) Funds available to the Senate or the House of Representatives through a short-term agreement or other instrument executed with a lending institution shall be considered augmenting revenues and are hereby appropriated for the payment of salaries, wages and all other expenses incurred in the operation of the Senate or the House of Representatives. The amounts shall be remitted to the State Treasurer for deposit in the account as the Chief Clerk of the Senate or a floor leader of the House of Representatives, as applicable, may direct.

(b) Upon presentation of requisitions by the Chief Clerk of the Senate or a floor leader of the House of Representatives, as applicable, the requisition shall be paid on warrant of the State Treasurer directly to and in favor of the persons designated in the requisition as entitled to receive the compensation or expenses.