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PA HB243
Bill
Status
1/22/2025
Primary Sponsor
Seth Grove
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AI Summary
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Requires Pennsylvania's state budget to include seven-year financial statements for all active Commonwealth funds, including government funds, proprietary funds, and fiduciary funds
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Seven-year financial statements must cover: actual accounting for one year prior, available accounting for the current fiscal year, proposed budget for the ensuing fiscal year, and estimated accounting for the four subsequent fiscal years
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Amends Section 613 of The Administrative Code of 1929 regarding budget submission requirements to the General Assembly
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Takes effect 60 days after enactment
Legislative Description
In Commonwealth budget procedures, further providing for submission of budget to General Assembly.
Last Action
Referred to Appropriations
1/22/2025