FINANCE-FUND TRANSFERS

SB 2610 amends the State Finance Act to require the transfer of specific funds from multiple existing state accounts into the Audit Expense Fund by July 1, 2024. It directly affects numerous state funds, including the Common School Fund ($246,578), Child Support Administrative Fund ($3,739), and General Revenue Fund ($17,653,153), among others. The bill mandates that these funds be moved within 30 days of the effective date, with detailed amounts specified for each source. This is a procedural administrative change focused solely on fund reallocation, not on creating new policies or altering program operations. The bill takes effect immediately upon enactment.