Expiring funds to the unappropriated surplus balance in the State Fund, General Revenue, for the fiscal year ending June 30, 2025 in the amount of $15,000,000 from the Executive, Treasurer’s Office, Unclaimed Property Fund
This bill directs the expiration of $15,000,000 from the Unclaimed Property Fund into the state's general unappropriated surplus balance for the fiscal year ending June 30, 2025. The measure responds to a finding by the Governor that the specific account holding these funds has more money than is needed for its original purpose. By moving these funds to the general surplus, the bill allows the state to potentially use the money for other approved expenses during the current fiscal year. This action is a financial adjustment within the state treasury and does not create new programs or change existing laws.
Bill status
in committee
1 of 4 stages cleared
Introduction
Oct 2024
Committee Review
Floor Vote
Governor
Introduced Oct 7, 2024
Last action Oct 9, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
9
Key actions
1
Committee
3
Oct 8, 2024
Lower · Passed
Do pass
lower
Oct 7, 2024
Committee
To House Finance
lower
Oct 7, 2024
Introduced
Introduced in House
lower
Oct 7, 2024
Committee
To Finance
lower
1 primary · 1 co-sponsor
Sponsors
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