Loading chat...
MO HB2292
Bill
Status
4/1/2014
Primary Sponsor
Bart Korman
Click for details
AI Summary
-
Repeals and replaces section 21.260, RSMo regarding unexpended appropriations from state departments, agencies, and offices.
-
Requires appropriations for ordinary operation and maintenance expenditures that remain unexpended at the end of a fiscal year to be distributed as follows: 25% retained by the department in a dedicated fund for the next fiscal year, 25% deposited to the budget reserve fund, and 50% returned to general revenue.
-
Prohibits money retained in departmental dedicated funds and the budget reserve fund from reverting to the general revenue fund.
-
Requires detailed accounting of dedicated funds to be available to general assembly members upon request.
-
Exempts distributions that are prohibited under federal or state law or regulation.
Legislative Description
Requires specified unexpended state appropriations to be distributed at the end of a fiscal year to specified state funds
Last Action
Referred: Budget(H)
4/8/2014