Requires the approval of two-thirds of each chamber of the general assembly before exempting a fund from the reversion of unexpended moneys

This bill requires a two-thirds majority vote in both the House and Senate before any new state fund can be created with a provision that keeps leftover money in that fund instead of returning it to the state's general revenue. It directly affects legislators who propose new funds by adding a stricter approval process to prevent automatic retention of unspent money. The law applies to all state departments and agencies, with specific exceptions for university endowments, federal grants, and hospital fees, which are already excluded from this rule. Starting in 2025, any legislation attempting to exempt a fund from this reversion rule must include a separate roll-call vote where at least two-thirds of members in each chamber must agree to the exemption.