Bill

Bill > H0448


ID H0448

Relates to the appropriation to the Department of Finance for fiscal year 2026.


summary

Introduced
03/25/2025
In Committee
03/27/2025
Crossed Over
03/26/2025
Passed
04/02/2025
Dead
Signed/Enacted/Adopted
04/03/2025

Introduced Session

2025 Regular Session

Bill Summary

RELATING TO FUNDING OF THE DEPARTMENT OF FINANCE; APPROPRIATING ADDITIONAL MONEYS TO THE DEPARTMENT OF FINANCE FOR FISCAL YEAR 2026; AUTHORIZING ADDITIONAL FULL-TIME EQUIVALENT POSITIONS; AND DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE.

AI Summary

This bill provides additional funding and staffing authorization for the Department of Finance for fiscal year 2026. Specifically, the bill appropriates $642,800 from the State Regulatory Fund, which breaks down into $556,000 for personnel costs, $20,000 for operating expenditures, and $66,800 for capital outlay (an increase in capital outlay is noted in the bill text). The legislation also increases the department's full-time equivalent (FTP) position authorization by four positions for the period of July 1, 2025, through June 30, 2026. The bill includes an emergency clause, which means it will go into effect immediately upon passage, specifically on July 1, 2025. This type of appropriations bill is typical for government agencies to secure additional funding and staffing resources for specific fiscal periods, ensuring the department can maintain and potentially expand its operations.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Appropriations Committee (H)

Last Action

Reported Signed by Governor on April 2, 2025 Session Law Chapter 265 Effective: 07/01/2025 (on 04/03/2025)

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