SB375 Summary

• Allows state entities to use tax receipts, fees, licenses, or other revenue designated for a specific purpose to fund other functions within the entity to offset funding reductions in any given year.

• Excludes from this flexibility any funds that are constitutionally dedicated for a specific purpose, federally designated funds, state or federal court-ordered funds, or portions of state-levied taxes distributed directly to counties.

• Prohibits the bill from authorizing automatic fee increases to replenish depleted funds and prevents depletion of any fund that would require such automatic increases.

• Makes each state entity responsible for ensuring compliance with the flexibility provisions.

• Takes effect immediately upon passage and approval by the Governor.