Fiscal note: shifting fund sources would move lease payments off general fund, lowering general‑fund outlays
Fiscal testimony said HB1430 would change which fund pays lease‑purchase bond payments enacted in prior legislation, shifting some payments off the general fund onto the new road-support fund and reducing certain general‑fund expenditures by about $91 million in future full years.
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Committee fiscal staff said the bill shifts certain lease‑purchase debt payments from the general fund to the new road‑support transportation fund, which changes the year‑to‑year appearance of general‑fund expenditures.
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