CAPITAL OUTLAY: Limits the withdrawal of monies from the Capital Outlay Savings Fund for capital outlay projects (EN NO IMPACT See Note)

This bill amends state law to clarify that money held in the Capital Outlay Savings Fund can only be used for capital projects if the legislature passes a specific appropriation bill authorizing the withdrawal. It directly affects the state's financial management by ensuring that funds in this account cannot be accessed without explicit legislative approval. The key provision requires a new law to be enacted before any money is taken from the fund, reinforcing the need for formal budgetary action. This change maintains the existing requirement that such withdrawals must be made through a specific appropriation rather than allowing automatic access to the savings.