HB5207 Summary

• Removes language from the State Finance Act that allowed State agencies an 8% transfer limit for operational or lump sum expenses in fiscal year 2024.

• Makes section (c-10) blank, eliminating the special fiscal year 2024 provisions that previously permitted agencies to transfer funds among line item appropriations up to 8% of aggregate appropriations.

• Leaves intact the 4% transfer limit for fiscal year 2023 and maintains existing transfer authority for specific agencies like the Department of Healthcare and Family Services (4%), Department of Children and Family Services (2%), and Department on Aging (10%).

• Preserves restrictions prohibiting transfers from personal services, state retirement contributions, and employee group insurance appropriations across all fiscal years.