Bill

Bill > S1332


ID S1332

ID S1332
Relates to the appropriation and transfer of moneys in the state treasury for fiscal years 2026 and 2027.


summary

Introduced
02/20/2026
In Committee
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

RELATING TO APPROPRIATIONS FOR FISCAL YEARS 2026 AND 2027; TRANSFERRING MON- EYS FROM THE STRATEGIC INITIATIVES PROGRAM FUND TO THE GENERAL FUND FOR FISCAL YEAR 2026; TRANSFERRING MONEYS FROM THE OPPORTUNITY SCHOLARSHIP PROGRAM ACCOUNT TO THE GENERAL FUND FOR FISCAL YEAR 2026; TRANSFERRING MONEYS FROM THE PERMANENT BUILDING FUND TO THE GENERAL FUND FOR FISCAL YEAR 2026; TRANSFERRING MONEYS FROM THE WATER POLLUTION CONTROL FUND TO THE GENERAL FUND FOR FISCAL YEAR 2026; TRANSFERRING MONEYS FROM THE IN-DEMAND CAREERS FUND TO THE GENERAL FUND FOR FISCAL YEAR 2026; TRANS- FERRING MONEYS FROM THE IN-DEMAND CAREERS FUND TO THE GENERAL FUND FOR FISCAL YEAR 2027; AND DECLARING AN EMERGENCY AND PROVIDING EFFECTIVE DATES.

AI Summary

This bill authorizes the transfer of funds from various state accounts to the General Fund, which is the state's main operating budget, for fiscal years 2026 and 2027. Specifically, it directs the Office of the State Controller to move $45,000,000 from the Strategic Initiatives Program Fund, $3,000,000 from the Opportunity Scholarship Program Account, $33,745,000 from the Permanent Building Fund, and $15,000,000 from the Water Pollution Control Fund to the General Fund for the period of July 1, 2025, through June 30, 2026. Additionally, $10,000,000 will be transferred from the In-Demand Careers Fund to the General Fund for the same 2026 fiscal year period. A further $10,000,000 will be transferred from the In-Demand Careers Fund to the General Fund on or after December 31, 2026, once awards from that fund have been finalized. The bill declares an emergency, making sections related to the 2026 fiscal year transfers effective immediately upon passage, while the second transfer from the In-Demand Careers Fund will take effect on July 1, 2026.

Committee Categories

Justice

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Finance Committee (Senate)

Last Action

Introduced; read first time; referred to JR for Printing (on 02/20/2026)

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