Bill

Bill > H0324


ID H0324

ID H0324
Relates to the appropriation to the Division of Financial Management for fiscal years 2023 and 2024.


summary

Introduced
03/15/2023
In Committee
03/21/2023
Crossed Over
03/20/2023
Passed
03/29/2023
Dead
Signed/Enacted/Adopted
04/06/2023

Introduced Session

2023 Regular Session

Bill Summary

APPROPRIATIONS -- DIVISION OF FINANCIAL MANAGEMENT -- Relates to the appropriation to the Division of Financial Management for fiscal years 2023 and 2024.

AI Summary

This bill appropriates a total of $44,748,400 to the Division of Financial Management for fiscal year 2024, covering trustee and personnel operating benefit expenditures. * **General Fund:** $2,158,600 for trustee and benefit payments. * **Indirect Cost Recovery Fund:** $117,400 for trustee and benefit payments. * **Miscellaneous Revenue Fund:** $183,000 for trustee and benefit payments. * **Administrative Code Fund:** $614,100 for trustee and benefit payments. * **American Rescue Plan Fund:** $20,589,700 for trustee and benefit payments. * **ARPA Homeowner Assistance Fund:** $20,000,000 for trustee and benefit payments. * **ARPA State Fiscal Recovery Fund:** $1,085,600 for trustee and benefit payments. Additionally, the bill authorizes the Division of Financial Management to have up to 22.00 full-time equivalent positions for fiscal year 2024, with notification to the Joint Finance-Appropriations Committee for any increases. Funds are subject to accountability reports and management reviews, and funds designated for specific purposes may only be used for those purposes. The bill also includes appropriations for fiscal year 2023: * $7,454,100 from the American Rescue Plan Fund for trustee and benefit payments for the State Small Business Credit Initiative program. * $5,612,900 from the ARPA Homeowner Assistance Fund for trustee and benefit payments for the Homeowner Assistance program. * $32,000,000 from the ARPA Emergency Rental Assistance Fund for trustee and benefit payments for the Emergency Rental Assistance program.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Appropriations Committee (House)

Last Action

Reported Signed by Governor on April 3, 2023 Session Law Chapter 269 Effective: 04/03/2023 SECTION 4-6; 07/01/2023 all other SECTIONS (on 04/06/2023)

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