HB 2301 Summary

• Appropriates approximately $2.88 billion in General Revenue Fund monies for fiscal year ending June 30, 2014, and prior fiscal years across all state agencies including education, health, human services, judiciary, and public safety.

• Provides $986.67 million to State Board of Education for public schools financial support, plus additional funding from Education Reform Revolving Fund ($767.69 million) and specialized education funding sources.

• Authorizes transfers and expenditures from various dedicated revolving funds (Technology Fund, Capital Fund, Lottery Trust Fund) for higher education, career and technology education, and other authorized programs.

• Includes appropriations for all major state agencies from Department of Corrections ($443.73 million) to smaller offices, with specific dollar amounts designated for each entity's operations.

• Sets effective dates of July 1, 2013 for most sections and July 15, 2013 for Section 137 regarding fund transfers.