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Committee examines Senate's cash-fund shifts and one-time appropriations, including $6 million treasurer reversion and PCB remediation increase
Summary
JFO staff outlined how the Senate redirected cash funds and one-time balances: $6 million from a treasurer bond redemption reversion, a $3 million increase in projected cannabis fund transfers, a $1.3 million substance-use prevention fund increase and a $4 million boost for PCB remediation from the Environmental Contingency Fund.
The House Appropriations Committee spent substantial time Wednesday reviewing revenue-side changes in the Senate's FY2026 budget, including reversions and cash-fund transfers that raise the pool of one-time resources available for appropriations.
Emily Byrne of the Joint Fiscal Office said the Senate's numbers include a $6,000,000 reversion from the treasurer's bond redemption appropriation; $1,000,000 of that $6 million is proposed for S27 (medical debt relief) and the remaining $5,000,000 would increase the bottom-line one-time carryforward.…
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