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ID H0482
Bill
Status
4/4/2025
Primary Sponsor
Appropriations Committee
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AI Summary
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Appropriates $200,000 from the General Fund to the Military Division for trustee and benefit payments for fiscal year 2025 (July 1, 2024 through June 30, 2025)
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Suspends required transfers from the Budget Stabilization Fund to the General Fund from June 1, 2025 through June 30, 2026, overriding the statutory 15% cap on fund balance
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Transfers $330,000,000 from the General Fund to the Public School Income Fund on or after July 1, 2025
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Consolidates remaining balances from the Bond Levy Equalization Fund, Constitutional Defense Fund, and Governor's Emergency Fund into the General Fund and Legislative Legal Defense Fund for fiscal year 2025
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Authorizes Military Division salary increases for fiscal year 2026 to maintain parity with the federal General Schedule pay scale for National Guard Administration employees
Legislative Description
Relates to the appropriation and transfer of moneys in the state treasury for fiscal years 2025 and 2026; provides an additional appropriation to the Military Division for fiscal year 2025; and provides pay increases to the Military Division in accordance with the federal general schedule pay scale.
APPROPRIATIONS
Last Action
Line item vetoed by Governor on April 14, 2025 Session Law Chapter 339 Effective: 04/14/2025 SECTION 1-5 with exception of SECTION 5 line item veto; 07/01/2025 SECTION 6 & 7
4/4/2025