RI H8146

Requires the Capital Development Planning and Oversight Commission to meet no less than quarterly (previously unspecified frequency)

Expands quarterly financial statements from state agencies to include the responsible party for corrective action plans, reasons for disagreement with auditor general recommendations, and status of capital projects funded by general obligation bonds or Rhode Island Capital Plan funds

Beginning with fiscal year 2028, capital budget submissions must identify the source of cost estimates and flag capital projects with material scope changes or cost changes exceeding 5% from approved amounts

Grants the Office of Management and Budget authority to conduct performance reviews and audits of executive branch agencies, coordinate with the Office of Internal Audit, and lead interagency collaboration initiatives

Requires disbursements from the Information Technology Restricted Receipt account to be subject to project-specific appropriations and separately listed in the capital budget, and mandates reporting of unexpended LSI Fund balances to House and Senate finance committee chairs