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SB25-263

Spending Authority Statutes

Concerning statutes governing spending authority, and, in connection therewith, extending the repeal date of certain statutes that allow transfers and overexpenditures in limited circumstances and clarifying which transfers between appropriations are for like purposes.
Session:
2025 Regular Session
Subject:
State Revenue & Budget
Bill Summary

Joint Budget Committee. The bill extends the repeal date from September 1, 2025, to September 1, 2030, for statutes authorizing the transfer of spending authority between line items in specified circumstances and allowing overexpenditures in excess of the amount authorized by an item of appropriation in specified circumstances.

The bill also clarifies which transfers between appropriations are for like purposes in the statute allowing for intradepartmental transfers and specifies that transfers between any line items of appropriation in the department of corrections that are not explicitly authorized in a footnote to the annual general appropriation act are not for like purposes.


(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Introduced
Under Consideration

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Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Sen. J. Amabile, Sen. J. Bridges
Rep. S. Bird, Rep. R. Taggart

Sponsor

Sen. B. Kirkmeyer
Rep. E. Sirota

Co-sponsor

Upcoming Schedule

The effective date for bills enacted without a safety clause is August 6, 2025, if the General Assembly adjourns sine die on May 7, 2025 (unless otherwise specified). Details

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