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Committee recommends $6,338,640 transfer from legislative cash fund to general fund to help close budget shortfall

2710071 · March 18, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Executive Committee voted unanimously to recommend that the Joint Budget Committee include a $6,338,640 transfer from the legislative department cash fund to the state general fund (an increase of $2 million from the committee's earlier recommendation) to help address the statewide budget shortfall and preserve legislative reserves.

The Executive Committee of the Legislative Council unanimously recommended that the Joint Budget Committee (JBC) include a $6,338,640 transfer from the legislative department cash fund to the state general fund as part of the long bill package, an increase of $2 million from the committee’s earlier recommendation.

Madam Speaker moved the recommendation, saying the transfer should be effectuated through the JBC long bill transfer process so it mirrors how prior transfers were handled. "I move that we recommend that the joint budget committee…

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