Bill

Bill > H0346


ID H0346

Relates to the appropriation to the State Treasurer for fiscal year 2026.


summary

Introduced
02/28/2025
In Committee
03/07/2025
Crossed Over
03/05/2025
Passed
03/18/2025
Dead
Signed/Enacted/Adopted
03/20/2025

Introduced Session

2025 Regular Session

Bill Summary

RELATING TO THE APPROPRIATION TO THE STATE TREASURER; APPROPRIATING ADDI- TIONAL MONEYS TO THE STATE TREASURER FOR FISCAL YEAR 2026; AND DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE.

AI Summary

This bill appropriates additional funds to the State Treasurer for the fiscal year 2025-2026, totaling $25,000 from multiple sources. The appropriation breaks down as follows: $7,500 from the General Fund, $2,500 from the State Treasurer LGIP (Local Government Investment Pool) Fund, $5,000 from the Treasurer's Office Professional Services Fund, and $10,000 from the Abandoned Property Trust Unclaimed Property Fund. These funds are designated for operating expenditures of the State Treasurer's office during the specified fiscal year. The bill includes an emergency clause, which means it will go into effect immediately on July 1, 2025, allowing the State Treasurer to access and utilize these additional funds as soon as the new fiscal year begins. The purpose of this appropriation is likely to ensure the State Treasurer has sufficient resources to carry out its administrative and operational responsibilities for the upcoming fiscal year.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Appropriations Committee (H)

Last Action

Reported Signed by Governor on March 19, 2025 Session Law Chapter 119 Effective: 07/01/2025 (on 03/20/2025)

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